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Bridget bakes 48 loaves of bread for her bakery. She sells half of the

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Bunuel
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Bridget bakes 48 loaves of bread for her bakery. She sells half of the [#permalink] New post   23 Apr 2019, 12:39
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Bridget bakes 48 loaves of bread for her bakery. She sells half of them in the morning for 2.50$ each. In the afternoon she sells two thirds of what she has left, and because they are not fresh, she charges only half price. In the late afternoon she sells the remaining loaves at a dollar each. Each loaf costs 0.75$ for her to make. In dollars, what is her profit for the day?

(A) 24
(B) 36
(C) 44
(D) 48
(E) 52
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Re: Bridget bakes 48 loaves of bread for her bakery. She sells half of the [#permalink] New post   23 Apr 2019, 21:34
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Total sales from Half of the loaves (24) sold at $2.5 each = $60
Total sales from 2/3 of remaining loaves (16) sold at $1.25 each= $20
Total sales from remaining loaves (8) at $1 each= $8

Total Sales from all 48 loaves= $60 + $20 + $8 = $88
Total Cost price of 48 loaves at $0.75= $36

Total Profit= $88-$36= $52
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Re: Bridget bakes 48 loaves of bread for her bakery. She sells half of the [#permalink] New post   23 Apr 2019, 20:51
Bunuel wrote:
Bridget bakes 48 loaves of bread for her bakery. She sells half of them in the morning for 2.50$ each. In the afternoon she sells two thirds of what she has left, and because they are not fresh, she charges only half price. In the late afternoon she sells the remaining loaves at a dollar each. Each loaf costs 0.75$ for her to make. In dollars, what is her profit for the day?

(A) 24
(B) 36
(C) 44
(D) 48
(E) 52


given
24*2.5+16*2.5/2+ 8*1; 88
total cost of producing ; 48*.75 = 36
profit 88-36 ; 52
IMO E
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Re: Bridget bakes 48 loaves of bread for her bakery. She sells half of the [#permalink] New post   26 Apr 2019, 15:41
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Bunuel wrote:
Bridget bakes 48 loaves of bread for her bakery. She sells half of them in the morning for 2.50$ each. In the afternoon she sells two thirds of what she has left, and because they are not fresh, she charges only half price. In the late afternoon she sells the remaining loaves at a dollar each. Each loaf costs 0.75$ for her to make. In dollars, what is her profit for the day?

(A) 24
(B) 36
(C) 44
(D) 48
(E) 52


We see that she sells ½ x 48 = 24 loaves of bread for $2.50 each in the morning, ⅔ x (48 - 24) = ⅔ x 24 = 16 loaves for $1.25 each in the afternoon, and 48 - 24 - 16 = 8 loaves for $1 each in the late afternoon. Thus, her revenue for the day is:

24 x 2.5 + 16 x 1.25 + 8 x 1 = 60 + 20 + 8 = $88

Her cost is 48 x 0.75 = 48 x ¾ = $36. So her profit is 88 - 36 = $52.

Answer: E
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Re: Bridget bakes 48 loaves of bread for her bakery. She sells half of the [#permalink]
26 Apr 2019, 15:41
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