SUMMARY
John purchased apples in boxes containing 3 kilograms each, paying $10 per box. He sold the apples in bags of 2.35 kilograms for $9 each, resulting in a total profit of $1260. The calculations reveal that John bought 846 boxes, equating to 2538 kilograms of apples. This conclusion is derived from the equation formed by his revenue and costs.
PREREQUISITES
- Basic algebra for solving equations
- Understanding of profit and loss calculations
- Knowledge of unit conversions (kilograms to bags)
- Familiarity with pricing strategies in sales
NEXT STEPS
- Study profit margin calculations in retail
- Learn about unit economics in product sales
- Explore inventory management techniques for perishable goods
- Investigate pricing strategies for maximizing revenue
USEFUL FOR
Entrepreneurs, sales strategists, and anyone interested in understanding profit calculations and pricing strategies in retail environments.