Inactive Tutor answered • 01/16/15
Tutor
New to Wyzant
Let: p = profit, r = revenue, c = cost, and p = r - c
c = 25
r = 0.35*96 = 33.60
p = 33.60 - 25 = 8.60
The shopkeeper made $8.60 in profit.
America M.
asked • 01/15/15How much was his profit
A shopkeeper pays 25 dollars for one box of 96 scented candles. He sells all the candles for 35 cents each.
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2 Answers By Expert Tutors
Inactive Tutor answered • 01/15/15
Tutor
New to Wyzant
$profit = $(0.35 times 96 - 25) = $33.60 - $25.00 = $ 8.60
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