Question

Sanju wants to sell his artwork at a local fair. He has created 10 pieces of artwork and has spent $44 in creating them. He wants to make a profit of $300 at the fair. What is the price he needs to sell each piece to make that profit?

Answer 1

Answer:

30 dollars

Step-by-step explanation:

Sice he has to make a profit of 300 dollars if you divide 100 by to you get 30.If Sanju sells the artwork at 30 dollars he will make 300 dollars

Answer 2

The price Sanju needs to sell each piece to make a profit of $300 overall is $34.4.

What is profit?

The profit is the difference between the selling price and the cost price of an item.

The cost of 10 pieces of artwork is,

Cost of producing 1 piece = $44/10 = $4.4

The Profit on 10 pieces of artwork is,

Profit of each piece = $300/10 = $30

The selling price of each piece of artwork is,

Selling price of each piece = Cost of production + Profit

                                             = $30 + $4.4

                                             = $34.4

Hence, the price Sanju needs to sell each piece to make a profit of $300 overall is $34.4.

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