A merchant bought a dozen items for $60. He sold each item at $6 more than the cost price. How much profit did he make?
Category: Math · Difficulty: expert
Hint: Calculate total selling price and subtract the cost price.
Answer
$72
Explanation
Cost price per item is $5. Selling price is $11, so total profit is (11*12) - 60 = $72.
This is a expert math riddle — one of the harder riddles here. The answer is $72.
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