A stall buys scarves and sells them.
Cost per scarf (GBP)Selling price (GBP)Scarves sold
12015630
What is the total profit in pounds?

Answer and explanation

Correct answer: B. GBP 1,080

  1. Step 1: Profit per scarf = 156 - 120 = 36 pounds. Step 2. Total profit = 36 x 30 = 1,080 pounds. Answer: GBP 1,080. Why not the others: GBP 4,680 is the total revenue, before the cost is subtracted; GBP 36 is the profit on a single scarf; GBP 3,600 is the total cost of the scarves.

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