SOLUTION: Sharmaine sells designer handbags. She bought 7 handbags at a price of P14,000 each and sold all of them at a profit of 32%. How much does Sharmaine charge for the 7 bags?
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Question 1184099: Sharmaine sells designer handbags. She bought 7 handbags at a price of P14,000 each and sold all of them at a profit of 32%. How much does Sharmaine charge for the 7 bags?
Answer by greenestamps(13215) (Show Source): You can put this solution on YOUR website!
Note the statement of the problem asks how much she charged for the 7 bags -- not for each bag. So...
(her cost for each) * (number of handbags) * (profit ratio)
(14,000)*(7)*(1.32)
You can do the calculation.
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