Lola is trying to make a few extra bucks. She spends $15 on 1000 mechanical pencils. She plans to sell the pencils to her classmates at school for $.75 each

Question

I need to write a function to represent her profit.

Answer 1

$15/1000= $0.015 or 1 1/2 cents per pencil cost

she sells for .75 or 75 cents per pencil

making a profit of .75- .015 = .735 per pencil profit

Profit = 73.5% of each pencil sold

P = .735p where P= profit and p = number of pencils sold