a store buys 8 sweaters for $64 and sells them for $272. how much profit does the store make per sweater?
a store buys 8 sweaters for $64 and sells them for $272. how much profit does the store make per sweater?
Answer
Explanation:
Step1: Calculate total profit
Total profit = Selling price - Cost price. Selling price is $272$, cost price is $64$. Total profit = $272 - 64=208$.
Step2: Calculate profit per sweater
Profit per sweater = Total profit / Number of sweaters. Number of sweaters is $8$. Profit per sweater = $\frac{208}{8}=26$.
Answer:
$26$