If the pharmacy buys the medication at a discount rate of $555 for 1,000 tablets, then the cost per tablet is:
$555 / 1000 tablets = $0.555 per tablet
If the selling price for the medication is $49.59 for 50 tablets, then the selling price per tablet is:
$49.59 / 50 tablets = $0.992 per tablet
To calculate the profit per tablet, we can subtract the cost per tablet from the selling price per tablet:
$0.992 per tablet - $0.555 per tablet = $0.437 per tablet
Therefore, the profit per tablet is $0.437.