SOLUTION: Bryan can buy candy canes at 4 for 50� and can sell them at 3 for 50�. How many canes must Bryan sell to make a profit of $5.00?

Question 227001: Bryan can buy candy canes at 4 for 50� and can sell them at 3 for 50�. How many canes must Bryan sell to make a profit of $5.00?

Answer by lilmama50(7) (Show Source): You can put this solution on YOUR website!
If Bryan buys the candy canes 4 for 50 cents, first figure out what he pays a piece per candy cane by dividing 50 cents by 4. This gives you 12.5 cents and that's how much he pays per cane.

Now figure out how much he sells each cane for by dividing 50 cents by 3 since thats how he sells them. This gives you 16.5 cents.

So his profit from each cane can be figured by subtracting how much he buys one for by how much he sells one for: So he makes a profit of 4 cents on each candy cane. Since Bryan needs to make a total profit of $5, you can take 5 divided by his profit amount of 4 cents: Therefore Bryan must sell 125 candy canes to make a profit of $5.
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