Bill bought 100 packets of candy. He was able to sell 1/2 of them at a 20% profit, another 1/4 of them at zero profit and the remainder was sold at a 5% loss. Find the total profit or loss made by Bill after selling those 100 packets. A packet sold at a loss had a price of $9.
Please provide an intuitive answer if possible. Thanks!! Pick one.
A) 0  B) Profit of $87.5  C) Loss of $25  D) Profit of $80  E) Profit of $85
A packet sold at a 10% loss had a price of $9, thus the cost of a packet is $10.   50 packets was sold at a 20% profit --&gt; gives profit of 10*0.2*50= 
<gadget id="calculator">10*0.2*50</gadget>
<output>100</output>
$100.   25 packets was sold at a 5% loss --&gt; gives loss of 10*0.05*25= $12.5.   The overall Profit is $100 - $12.5 = $87.5.   Answer: Profit of $87.5.
<result>B</result>
Bill bought 100 packets of candy. He was able to sell 1/2 of them at a 20% profit, another 1/4 of them at zero profit and the remainder was sold at a 5% loss. Find the total profit or loss made by Bill after selling those 100 packets. A packet sold at a loss had a price of $9.
Please provide an intuitive answer if possible. Thanks!!