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1 January, 19:07

Jermaine buys T-shirts for $6 each and marks up the price by 45%.

How much profit does Jermaine make for each T-shirt sold? Enter your answer in the b

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Answers (2)
  1. 1 January, 22:27
    0
    Step-by-step explanation:

    Marked price = $6=100%

    Selling price = ?=100%+45%

    If 100%=6

    What about 100+45%=145

    =145*6:100=8.7

    Selling price is 8.7-6=2.7
  2. 1 January, 22:37
    0
    Profit = $2.7

    Step-by-step explanation:

    Cost price of each T-shirt = $6

    Mark up the price by 45%

    i. e 45% of cost price

    = 45/100 * 6

    = 0.45 * 6 = $2.7

    Selling price = cost price + mark up

    Selling price = $6 + $2.7 = $8.7

    Profit = selling price - cost price

    Profit = $8.7 - $6.0 = $2.7

    Therefore:

    Jermaine would make $2.7 profit for each T-shirt sold.
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