Answer:
$2.64
Step-by-step explanation:
Selling them at 5 cents each ($0.05), he could sell 1 dozen buttons for
12 * $0.05 = $0.60
As he bought them at $0.38 per dozen, the profit per dozen would be
$0.60 - $0.38 = $0.22
As 12 dozen is 1 gross, the profit per gross would be
12 * $0.22 = $2.64
The total is 275 because 100% divided by 20% is 5 and if 20%= 55 then that means that 55 goes into 100% 5 times so you multiply 55 by 5 to get 275. Hope I helped! Please rate me as the brainliest!
For the answer to the question above
Retail price of steel-belted radial tire = $89.50
Discount offered = 10% = $8.95
Value before federal tax = $89.50 - $8.95 = $80.55
Federal tax = 12%=$80.55(0.12) =$9.67
Local sales tax = 5% =$80.55(0.05)=$4.03
Selling price = $80.55 +$9.67+$4.03 =$94.25
I hope my answer helped you. Feel free to ask more questions. Have a nice day!