Question

Mr. Smith had 33 dozen cans. He sold 340 of them at 15$ each. He sold the remaining cans at a discount of 20% each. How much money did he collect from selling the cans.

Answer 1

Answer:

Mr. Smith collects $5748 from selling the can.

Step-by-step explanation:

Given total number of cans = $33\times12=396$

Selling price of one can = $15.

$\therefore \textrm{Selling price of 340 cans} = \textrm {selling price of one can} \times \textrm {number of cans}=15\times340=\ 5100$

Now remaining number of cans = total number of cans - sold number of cans =$396-340=54$

For remaining number of cans he gives a discount of 20% each,

∴ Selling price of one can = $15-\frac{15\times20}{100}=15-3=12$

∴ Selling price of 54 cans = $\textrm{selling price of one can} \times \textrm{number of cans}=12\times54=\ 648$

So total money he earns =  $\ 5100+\ 648= \ 5748$.

Thus Mr. Smith earns $5748 by selling the cans.