Ravi bought 6 paperclips for $1. To make a profit of 20%, how many should he sell for $1?51037

Question

Ravi bought 6 paperclips for $1. To make a profit of 20%, how many should he sell for $1?51037
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Solution 1

To calculate how many paperclips Ravi should sell for $1 to make a 20% profit, follow these steps:

  1. First, determine the cost of each paperclip. Ravi bought 6 paperclips for $1, so each paperclip costs $1/6 = $0.1667.

  2. Next, calculate the price Ravi should sell each paperclip at to make a 20% Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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