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Mathematics

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The club buys shirts in bulk for 8 each. they mark up the shirts 75% to sell in the school store. At the end of the year, At the end of the year they sell the shirts for 25% off. how much profit does the spirit club make on each shirt sold at the end of the year?Show your work.

Answer :

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The amount of profit the spirit club make on each shirt sold at the end of the year is = $2

Calculation of profit

The quantity of shirt bought by the club = $8 per shirt

At the end of the year they sold the shirts at discount of %25 each.

That is 25/100 × 8

= 200/100

= $2

Therefore, they made profit of $2 for each shirt they sold at the end of the year.

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