Exercise D, question 1: Copy and complete the table below. Then answer questions 2-5 related to profit and…

Question

Exercise D, question 1: Copy and complete the table below. Then answer questions 2-5 related to profit and loss.

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Here are the solutions for Exercise A, Question 1:

Exercise A

1. A dealer bought 5 televisions for N$750.00. He later sold them for N$1 000.00.

a) What was the cost price of each television?

Divide the total cost price by the number of televisions.
$\text{Cost price per television} = \frac{\text{Total cost price}}{\text{Number of televisions}}$
$\text{Cost price per television} = \frac{\text{N\$ } 750.00}{5}$ $\text{Cost price per television} = \text{N\$ } 150.00$ The cost price of each television was \boxed{\text{N\ } 150.00}$.

b) How much profit did he make on each television?
Calculate the selling price of each television.
$\text{Selling price per television} = \frac{\text{Total selling price}}{\text{Number of televisions}}$
$\text{Selling price per television} = \frac{\text{N\$ } 1000.00}{5}$ $\text{Selling price per television} = \text{N\$ } 200.00$
Calculate the profit per television.
$\text{Profit per television} = \text{Selling price per television} - \text{Cost price per television}$
$\text{Profit per television} = \text{N\$ } 200.00 - \text{N\$ } 150.00$ $\text{Profit per television} = \text{N\$ } 50.00$ He made a profit of \boxed{\text{N\ } 50.00}$ on each television.

c) How much profit did he make on all the televisions?
Subtract the total cost price from the total selling price.
$\text{Total profit} = \text{Total selling price} - \text{Total cost price}$
$\text{Total profit} = \text{N\$ } 1000.00 - \text{N\$ } 750.00$ $\text{Total profit} = \text{N\$ } 250.00$ He made a total profit of \boxed{\text{N\ } 250.00}$ on all the televisions.

Exercise D, question 1: Copy and complete the table below. Then answer questions 2-5 related to profit and loss.