A box containing 150 oranges was bought for $120.00 The oranges were sold in heaps of 6 for $10.00.
a) How many heaps of 6 were sold?
b) Calculate the profit made
clearly, 150/6 heaps
so, how much profit per heap?
130
To answer these questions, we need to break down the information and use some mathematical calculations.
a) How many heaps of 6 were sold?
To find out how many heaps of 6 were sold, we need to divide the total number of oranges by 6, since each heap contains 6 oranges.
Number of heaps sold = Total number of oranges ÷ Number of oranges per heap
In this case, the total number of oranges is given as 150. So, we can calculate the number of heaps as follows:
Number of heaps sold = 150 ÷ 6 = 25 heaps
Therefore, 25 heaps of 6 were sold.
b) Calculate the profit made
To calculate the profit made, we need to find the selling price and deduct the cost price from it.
Cost price = Total cost of buying the box of oranges = $120.00
To find the selling price, let's first calculate the total amount received from selling all the heaps.
Amount received = Number of heaps sold × Selling price per heap
In this case, the selling price per heap is given as $10.00. So, we can calculate the total amount received as follows:
Amount received = 25 heaps × $10.00/heaps = $250.00
Now, we can calculate the profit made by deducting the cost price from the amount received:
Profit = Amount received - Cost price
Profit = $250.00 - $120.00 = $130.00
Therefore, the profit made is $130.00.