SOLUTION: Henry purchased 60 T-shirts paying $ 1.10 for each. He sold 20 of them for $ 2.50 each and 10 of them for $2.10 each and 30 of them for $1.50 each. What was the average profit did
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Question 271943: Henry purchased 60 T-shirts paying $ 1.10 for each. He sold 20 of them for $ 2.50 each and 10 of them for $2.10 each and 30 of them for $1.50 each. What was the average profit did he make per shirt?
A $0.08 b $1.00 c $0.83 d $1.16 e $1.93
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
60*1.10=$66 PRICE PAID FOR THE 60 T-SHIRTS.
20*2.50+10*2.10+30*1.50
50+21+45=$116 EARNRD FROM THE SALE.
(116-66)/60
50/60=.83 OR $.83 PROFIT PER T-SHIRT SALE.
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