Question

If a watch store paid $125 per watch for a shipment of watches, and sold all but 15 watches from the shipment for $150 per watch, then, in terms of the number of watches in the shipment, y, what function describes the watch store’s profit, P, from the sales?
A) P(y) = 125(y – 15) – 150y
B) P(y) = 15(125 – y) – 150y
C) P(y) = 150(y – 15) – 125y
D) P(y) = 15(150 – y) – 125y

Answer 1

Answer: C) P(y) = 150(y – 15) – 125y

Step-by-step explanation:

Hi, to answer this question we have to write an equation:

Profit = revenue - cost

Cost: a watch store paid $125 per watch for a shipment of watches

Cost = 125 y

Where y is the number of watches in the shipment

Revenue: sold all but 15 watches from the shipment for $150 per watch

Revenue = 150(y-15)

Profit(y) = 150(y – 15) – 125y

So, the correct option is:

C) P(y) = 150(y – 15) – 125y

Feel free to ask for more if needed or if you did not understand something.