A jewelry store buys 24 necklaces for $300. the store wants to make a profit of $540. assuming it sells all 24 necklaces, how much should the store charge for each necklace?

Question

Mathematics

Landon Harper

6 January, 23:17

A jewelry store buys 24 necklaces for $300. the store wants to make a profit of $540. assuming it sells all 24 necklaces, how much should the store charge for each necklace?

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Swiss Miss · Answer 1

If its meaning making a profit after the $300 then:

540+300=840

840/24 = 33.60

They would charge $33.60 per necklace.

If you were meaning a profit of $540 total then:

540/24=22.5

They would charge $22.50 per necklace.