SAT Math › Profit Margin
Each wooden chair that a carpenter makes requires $20 worth of supplies. He then sells the chairs for $50 each. The carpenter recently discovered a new supplier that would allow him to spend 25% less on supplies. If he doesn't change his selling price, by what percent could the carpenter increase his profit by using the new supplier?
Each wooden chair that a carpenter makes requires $20 worth of supplies. He then sells the chairs for $50 each. The carpenter recently discovered a new supplier that would allow him to spend 25% less on supplies. If he doesn't change his selling price, by what percent could the carpenter increase his profit by using the new supplier?
Nicki sold 20 albums at $5 each. How many albums should Minaj sell at $4.50 to earn more than Nicki?
Nicki sold 20 albums at $5 each. How many albums should Minaj sell at $4.50 to earn more than Nicki?
You are planning a New Year’s Eve bash. For each person attending, the caterer will charge you $15 for food, $10 for beverages, $5 for service. The band charges $2000 for the entire evening. You also have to pay the venue $2500 to rent the location for the night and $3 for parking for each attendee. If you expect 500 people to attend and you would like to make a $10000 profit for planning the event, how much must each ticket cost?
You are planning a New Year’s Eve bash. For each person attending, the caterer will charge you $15 for food, $10 for beverages, $5 for service. The band charges $2000 for the entire evening. You also have to pay the venue $2500 to rent the location for the night and $3 for parking for each attendee. If you expect 500 people to attend and you would like to make a $10000 profit for planning the event, how much must each ticket cost?
A bakery sells donuts for each.
of the bakery's net income from donuts goes toward the cost of the ingredients, and another
goes toward paying taxes. If the bakery sells
donuts in one day, what is their total profit for the day?
A bakery sells donuts for each.
of the bakery's net income from donuts goes toward the cost of the ingredients, and another
goes toward paying taxes. If the bakery sells
donuts in one day, what is their total profit for the day?
The Widget Company has annual revenues of $150,000. Their expenses over the same time frame was $75,000. What was the percent profit?
The Widget Company has annual revenues of $150,000. Their expenses over the same time frame was $75,000. What was the percent profit?