Question 1 of 13

If each gift box in a store is sold at $80, the owner will make a profit of \$2700. If each gift box is sold at \$60 instead, he will make a profit of \$900.
(a) How many gift boxes are there?
(b) What is the cost price of each gift box?

A
(a) 70
(b) \$40
B
(a) 80
(b) \$45
C
(a) 90
(b) \$50
D
(a) 100
(b) \$55
E
None of the above