SOLUTION: A canteen operator paid $60 for 100 sandwiches. He sold two-fifths of them at $1 each and the rest at three for $2. What is his profit?

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A canteen operator paid $60 for 100 sandwiches. He sold two-fifths of them at $1 each and the rest at three for $2. What is his profit?      Log On


   



Question 1154451: A canteen operator paid $60 for 100 sandwiches. He sold two-fifths of them at $1 each and the rest at three for $2. What is his profit?
Found 2 solutions by ikleyn, josgarithmetic:
Answer by ikleyn(52772) About Me  (Show Source):
You can put this solution on YOUR website!
.

2%2F5  of 100 is 40.


The rest is 100-40 = 60.


The profit = 1%2A40+%2B+2%2A%2860%2F3%29+-+60 = 40 + 40 - 60 = 20.


ANSWER.  The profit is $20.

Solved.


Answer by josgarithmetic(39615) About Me  (Show Source):
You can put this solution on YOUR website!
COST:
60 dollars.

REVENUE:
%282%2F5%29100=40 sandwhiches at $1 each
and
60-40=20 sandwhiches at $2 each

40%2A1%2B20%2A2
80------------dollars revenue


PROFIT: 80-60=highlight%2820%29dollars