Mathematics
Alex1022
2

A salesman bought 2 dozen television sets at $300 each. He sold two-thirds of them at a 25% profit but was forced to take a 30 % loss on the rest. What was his total profit (or loss) on the television sets?

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(1) Answers
Melani399

Well, the first 16 were about 16*75=$1200 extra. The last 8 were $720 lost. Thus, the total profit is $480. He bought them with $7200, which means the profit is around 6.67%.

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