A store owner bought 28 swimming caps for P 2, 436.00. He sold 3/14 of them at P 100.00 each and 5/14 of thern at P 125.00 each. How much must he sell each of the remaining caps in order to realize a gross profit of 2/5 of the total cost of the caps?
A store owner bought 28 swimming caps for P 2, 436.00. He sold 3/14 of them at P 100.00 each and 5/14 of thern at P 125.00 each. How much must he sell each of the remaining caps in order to realize a gross profit of 2/5 of the total cost of the caps?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A store owner bought 28 swimming caps
for P 2, 436.00. He sold 3/14 of them at P
100.00 each and 5/14 of
thern at P 125.00 each. How much must he
sell each of the remaining caps in order to
realize a gross profit of
2/5 of the total cost of the caps?
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