Raymond B. answered 03/14/24
Math, microeconomics or criminal justice
50-2(20) = 50-40 = $10 profit on both rings or $5 profit per each ring
Profit = Revenue minus Cost
= 50 - 40 = 10
Armani K.
asked 03/14/24a jeweler had on sale on rings marked"Two for the Price of one."If the jeweler normally sells the ring for $50.00 and they cost him $20.00 each, his profit on the sale of two rings is
Raymond B. answered 03/14/24
Math, microeconomics or criminal justice
50-2(20) = 50-40 = $10 profit on both rings or $5 profit per each ring
Profit = Revenue minus Cost
= 50 - 40 = 10
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