SOLUTION: I bought 150 magazines for 450 dollars. I sold half of them at a profit of 20%, 50 of them at a profit of 10%, and the rest at a loss of 4%. a) How much did I receive from the sal

Question 1098432: I bought 150 magazines for 450 dollars. I sold half of them at a profit of 20%, 50 of them at a profit of 10%, and the rest at a loss of 4%.
a) How much did I receive from the sales?
b) find my gain percent, correct to the nearest percent.
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
.

You spent $3 buying each magazine.


a)  You received  1.2*(75*3) + 1.1*(50*3) + 0.96*(150-75-50)*3 = 507 dollars.


b)  Your gain percent is   = 113% correct to the nearest percent.

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