The cost price of 25 bottles of preserve is R550. The selling price per bottle is R36. What is the profit on 8 bottles?
Select one:
a. 8 x 36 – 550 ÷ 25
b. 8 x (36 – 550 ÷ 25)
c. 550 ÷ 36 – 25 x 8
a. 8 x 36 - 550 ÷ 25
Profit on 8 bottles = 8 x 36 - 550 ÷ 25
Profit on 8 bottles = 288 - 22
Profit on 8 bottles = R266
Therefore, the profit on 8 bottles is R266.