Question
Ie teacher sells his Shark's collection. He sells the cap for R20, the rugby shirt for R150, the socks for R35 and a pho the Shark's team for R50. When he bought the collection, it cost him R400. w much profit did the teacher make allogether?
Ask by Collins Davison. in South Africa
Feb 03,2025
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Answer
The teacher made a loss of R145.
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Beyond the Answer
To calculate the teacher's profit, we first add up the total revenue from selling the items: R20 (cap) + R150 (rugby shirt) + R35 (socks) + R50 (photo), which equals R255. Now, we can find the profit by subtracting the initial cost of the collection (R400) from the total sales (R255). Profit = R255 - R400 = -R145. The teacher actually made a loss of R145 on the sale of his Shark's collection. Ouch!