Register

If tom sells 500 sandwiches for $7 and has an average cost of $5, what is his profit?

If tom sells 500 sandwiches for $7 and has an average cost of $5, what is his profit?
asked 153k views
1 vote
If tom sells 500 sandwiches for $7 and has an average cost of $5, what is his profit?

asked
User Mahipalsinh Ravalji
by
9.2k points

1 Answer

2 votes
He bought them for 5 dollars each, and there were 500 of them.
5 * 500 = 2500
He sold them for 7 dollars each,
7 * 500 = 3500

3500-2500 = 1000

He made $1,000 profit off his sandwiches.

Hope this helps!
answered
User Alex Lang
by
7.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is the best way to describe a stock market?
Link Copied!