For every good coat that Simon sold, Simon earned $22. He sold defective coats at a discount, which would cause him to lose $5 per defective coat. In May, for every 25 coats sold, 3 were defective. Simon earned $1876 from the coats sold.
- How many more coats sold were good than defective?
- How much less money did he earn because of the defective coats?
|
Good |
Defective |
Total |
Number |
22 u |
3 u |
|
Value |
+ 22 |
- 5 |
|
Total Value |
484 u |
- 15 u |
$1876 |
(a)
Amount that Simon earned
= 484 u - 15 u
= 469 u
469 u = 1876
1 u = 1876 ÷ 469 = 4
Number of more coats sold that were good than defective
= 22 u - 3 u
= 19 u
= 19 x 4
= 76
(b)
Number of defective coats
= 3 u
= 3 x 4
= 12
Less amount earned for one defective jacket
= 22 + 5
= $27
Less amount earned because of all the defective coats
= 12 x 27
= $324
Answer(s): (a) 76; (b) $324