This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
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Here are the solutions for Exercise A, Question 1: Exercise A 1. A dealer bought 5 televisions for N750.00. He later sold them for N1 000.00. a) What was the cost price of each television? Step 1: Divide the total cost price by the number of televisions. Cost price per television = Total cost priceNumber of televisions Cost price per television = N\ 750.005 Cost price per television = N\ 150.00 The cost price of each television was N\ 150.00. b) How much profit did he make on each television? Step 1: Calculate the selling price of each television. Selling price per television = Total selling priceNumber of televisions Selling price per television = N\ 1000.005 Selling price per television = N\ 200.00 Step 2: Calculate the profit per television. Profit per television = Selling price per television - Cost price per television Profit per television = N\ 200.00 - N\ 150.00 Profit per television = N\ 50.00 He made a profit of N\ 50.00 on each television. c) How much profit did he make on all the televisions? Step 1: Subtract the total cost price from the total selling price. Total profit = Total selling price - Total cost price Total profit = N\ 1000.00 - N\ 750.00 Total profit = N\ 250.00 He made a total profit of N\ 250.00$ on all the televisions. Last free one today — make it count tomorrow, or type /upgrade for unlimited.