Answer:
The amount Kim sold each reduced price drink is $1.25 each
Step-by-step explanation:
The number of boxes of drinks Kim bought = 12 boxes
The amount Kim paid for each box = $15
The number of drinks in each box = 12 drinks
The amount Kim sild 3/4 of the drinks = $1.50 each
The amount Kim sold the remaining drinks = At a reduced rate
The amount of profit Kim made = 15%
Therefore, we have;
The total amount Kim bought the whole drinks = 12 × $15 = $180
The total number of drinks = 12 × 12 = 144 drinks
3/4 of the drinks = 3/4×144 = 108 drinks
The amount Kim sold the 108 drinks = 108 × $1.5 = $162
The amount of profit Kim made = 15%
Therefore;
(((The total amount Kim sold the whole drinks) - (The total amount Kim bought the whole drinks))/(The total amount Kim bought the whole drinks)) × 100 = Percentage profit
(((The total amount Kim sold the whole drinks) - ($180))/($180)) × 100 = 15%
The total amount Kim sold the whole drinks = 0.15×$180 + $180 = $207
The total number of the remainder of the drinks = 144 - 108 = 36 drinks
The amount Kim sold the remainder of the drinks = $207 - $162 = $45
The amount Kim sold each of the remainder of the drinks at reduced price = $45/36 = $1.25
Therefore, the amount Kim sold each reduced price drink = $1.25 each.
