The Math Club purchased chocolate bars for $0.60 each and plans to sell them for $1.20 each. Fifteen percent of the profit (the difference between the selling price and the purchase price) from the candy sales will go toward new club shirts. If 700 chocolate bars are sold, what is the amount of money that will go towards new club shirts?

Question

Mathematics

Jolly

9 May, 12:58

The Math Club purchased chocolate bars for $0.60 each and plans to sell them for $1.20 each. Fifteen percent of the profit (the difference between the selling price and the purchase price) from the candy sales will go toward new club shirts. If 700 chocolate bars are sold, what is the amount of money that will go towards new club shirts?

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Answers (1)

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Talia Hicks · Answer 1

Well first you would have to see how much the total sale of 700 chocolate bars is,

700*1.20=$840

Next you need to multiply the 15% thats going to club shirts,

$840*0.15=126

So your answer is $126