Let grocer purchases X pounds of bananas
therefore the seeling price of all X pounds of banana = X * 1 /4 and the purchasing price is = X * 0.5/3 = X * 1/6
Since the profit is $10 therefore X/4 - X/6 = 10 i.e. X = 120
This is supposed to be an easy one, but my mind is blocked somehow...
A grocer purchased a quantity of bananas at 3 pounds for $0.50 and sold the entire quantity at 4 pounds for $1.00. How many pounds did the grocer purchase if the profit from selling the bananas was $10.00?
Thanx for your help!
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