Answer :
Sure, let's break down the solution step-by-step.
1. How much profit does Mr. Parker make for every pair sold?
To find the profit made on each pair of boots sold at the regular price, we subtract the cost price from the selling price.
- Cost price per pair: R85
- Selling price per pair: R136
Profit per pair = Selling price per pair - Cost price per pair
Profit per pair = R136 - R85 = R51
So, Mr. Parker makes a profit of R51 for every pair of boots sold at the regular price.
2. If he doesn't manage to sell all the boots and sells the remaining six pairs on sale at R78 per pair, calculate his loss on the last six pairs sold.
First, we need to determine the loss per pair when sold at the sale price.
- Sale price per pair: R78
- Cost price per pair: R85
Loss per pair = Cost price per pair - Sale price per pair
Loss per pair = R85 - R78 = R7
Since he sells 6 pairs at the sale price:
Total loss = Loss per pair Number of pairs sold at the sale price
Total loss = R7 6 = R42
Therefore, Mr. Parker incurs a loss of R42 on the last six pairs sold at the sale price.
1. How much profit does Mr. Parker make for every pair sold?
To find the profit made on each pair of boots sold at the regular price, we subtract the cost price from the selling price.
- Cost price per pair: R85
- Selling price per pair: R136
Profit per pair = Selling price per pair - Cost price per pair
Profit per pair = R136 - R85 = R51
So, Mr. Parker makes a profit of R51 for every pair of boots sold at the regular price.
2. If he doesn't manage to sell all the boots and sells the remaining six pairs on sale at R78 per pair, calculate his loss on the last six pairs sold.
First, we need to determine the loss per pair when sold at the sale price.
- Sale price per pair: R78
- Cost price per pair: R85
Loss per pair = Cost price per pair - Sale price per pair
Loss per pair = R85 - R78 = R7
Since he sells 6 pairs at the sale price:
Total loss = Loss per pair Number of pairs sold at the sale price
Total loss = R7 6 = R42
Therefore, Mr. Parker incurs a loss of R42 on the last six pairs sold at the sale price.
