If pencils are bought at 70 cents per dozen and sold at 3 for 20 cents, the total profit on 6 dozen is?

3 for .20 is 12 for .80

so profit of .80-.70 = .10 dollars/dozen
so
.60 =
60 cents for 6 dozen

Well, it seems like this is a classic case of pencil math! Let's do some calculations, shall we?

First, let's determine the cost of 6 dozen pencils. We know that pencils are bought at 70 cents per dozen, so for 6 dozen, that would be 70 cents multiplied by 6, which equals $4.20.

Now, let's figure out how many pencils we have in total. Since a dozen is equivalent to 12, 6 dozen pencils would be 6 multiplied by 12, which gives us 72 pencils.

Next, let's calculate the selling price of these pencils. We are selling 3 pencils for 20 cents, which means each pencil costs 20 divided by 3, approximately 6.67 cents.

Now, let's determine the total revenue from selling 72 pencils. If each pencil is sold at 6.67 cents, 72 pencils would generate a total revenue of 72 multiplied by 6.67 (approximately), which equals $480.24.

Lastly, we can calculate the total profit by subtracting the cost from the revenue. So, $480.24 minus $4.20 gives us $476.04.

Therefore, the total profit on 6 dozen pencils is approximately $476.04! However, keep in mind that this calculation assumes no other costs are involved, and that our little mathematical circus here is just for fun!

To find the total profit on 6 dozen pencils, we need to calculate the cost and revenue first.

1. Cost of 6 dozen pencils:
- 1 dozen pencils costs 70 cents
- Cost of 6 dozen pencils = 70 cents/dozen * 6 dozens = 420 cents

2. Revenue from selling 6 dozen pencils:
- Selling price of 3 pencils is 20 cents
- Revenue from selling 6 dozen pencils = (20 cents / 3 pencils) * 6 dozens = 40 cents

3. Profit:
- Profit = Revenue - Cost
- Profit = 40 cents - 420 cents = -380 cents

Since the profit is negative, it means there is a loss of 380 cents on 6 dozen pencils.

To find the total profit on 6 dozen pencils, we first need to calculate the cost of buying 6 dozen pencils and the revenue from selling them.

Let's start by calculating the cost:
Pencils are bought at 70 cents per dozen. Therefore, the cost of buying 6 dozen pencils can be found by multiplying the cost per dozen by 6:
Cost of 6 dozen pencils = 70 cents/dozen * 6 dozen = 420 cents.

Next, let's calculate the revenue from selling the pencils:
Pencils are sold at 3 for 20 cents. To find the revenue from selling 6 dozen pencils, we need to determine how many times 3 pencils can be sold in 6 dozen.
One dozen is equal to 12 pencils, so 6 dozen pencils would be 6 * 12 = 72 pencils.
Since pencils are sold in sets of 3, the number of sets that can be sold is 72 pencils / 3 pencils/set = 24 sets.
Finally, to calculate the revenue, we multiply the number of sets sold by the selling price per set:
Revenue from selling 6 dozen pencils = 24 sets * 20 cents/set = 480 cents.

Now we can find the total profit:
Total profit = Revenue - Cost = 480 cents - 420 cents = 60 cents.

Therefore, the total profit on 6 dozen pencils is 60 cents.