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Anonymous Posted on Sep 17, 2013

Ms. Cortes bought 20 blouses for P2,400 and marked them to sell at P145 each. After selling 16 pieces at this rate, She decided to sell the remaining blouses at a lower price. at what price may she sell each remaining blouses and still realize a profit of P480 on the 20 blouses?

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Brett Duxbury

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  • Frigidaire Master 4,352 Answers
  • Posted on Jan 26, 2018
Brett Duxbury
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Joined: Nov 12, 2012
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Total cost of blouses p2400
16 sold at p145 = 2320p
p2400 - p2320 = 80p loss on original stock cost
to make a p480 total profit p480 + 80p(cover loss) = 560P
560P /4 = 140p
560p +2320 p = 2880 ptotal proceeds
profit = proceeds - original stock cost
profit = 2880p - 2400p
profit = 480p
Answer is 140p

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