Answer:
Martha's profit from selling the earrings is $21.
Explanation:
Cost of materials = $20
Number of earrings made = 10
Number of earrings sold for $5 each = 7
Number of earrings sold for $2 each = 3
To find Martha's profit, we need to calculate her total revenue and subtract the cost of materials. Let's calculate each component:
Revenue from selling 7 earrings for $5 each = 7 * $5 = $35
Revenue from selling 3 earrings for $2 each = 3 * $2 = $6
Total revenue = $35 + $6 = $41
Now, let's calculate Martha's profit:
Profit = Total revenue - Cost of materials
Profit = $41 - $20 = $21