Mymoena buys pens for R3,20 each and then sells them for R5,60 each. What perceet profit does she make? A supermarket decides to give a \( 33 \frac{1}{3} \% \) discount on all food items. A bag of tomel originally sold for R18. What will the
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Beyond the Answer
To find Mymoena's percent profit, we first calculate her profit per pen. Selling price is R5.60 and the cost price is R3.20. So, Profit = Selling Price - Cost Price = R5.60 - R3.20 = R2.40. To find the percent profit, we use the formula: (Profit/Cost Price) x 100. Thus, (R2.40/R3.20) x 100 = 75%. Mymoena makes a whopping 75% profit on each pen sold! For the supermarket’s discount on the bag of tomatoes, we first need to calculate \( 33 \frac{1}{3} \% \) of R18. This can be expressed as R18 x (1/3) = R6. Thus, the discount amount is R6. To find the sale price, we subtract the discount from the original price: R18 - R6 = R12. The bag of tomatoes will be sold for R12 after the discount!
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