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Sammy is a baker who wants to make profit on his baked goods if it fits him 3.20 or o make a dozen cupcakes how much should he sell them if he wants to make 35% profit

Sammy is a baker who wants to make profit on his baked goods if it fits him 320 or o make a dozen cupcakes how much should he sell them if he wants to make 35 p class=

Respuesta :

For there to be a profit,

[tex]\begin{gathered} \\ \text{profit}=\text{ selling price - cost price} \end{gathered}[/tex]

From the question,

[tex]\begin{gathered} \text{Cost price = \$3.20} \\ \text{Percentage profit = 35\%} \end{gathered}[/tex]

Concept: The formula for the percent profit is given below as

[tex]\text{percentage profit = }\frac{\text{profit}}{\cos t\text{ price}}\times100\text{ \%}[/tex]