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bezimeni [28]
3 years ago
6

Mr. Smith started his own business making sweatshirts. It costs him $15 for the sweatshirt, $3 for the designs, and $.50 for del

ivery. If he sells the sweatshirts for $26 in his store, what is the return on investment on each sweatshirt?
Mathematics
1 answer:
serg [7]3 years ago
3 0

Answer:

$7.5 is the ROI on each sweatshirt

Step-by-step explanation:

In this question, we are asked to calculate ROI for a businessman who sells sweatshirts.

To calculate the profit we need to subtract the total cost incurred form manufacture to delivery and subtract bogus from the cost at which he sells the shirts.

Mathematically let’s calculate the cost from production to delivery.

That would be ;

$15 + $3 + $0.5 = $18.5

sales price is $26

His ROI will be $26 - $18.5 = $7.5

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x + y = 3.36 --> the boys are splitting $3.36

x = 3y - .12 --> one boy received $.12 less than 3 times as much as the other

--> substitute the second equation for the x in the first equation


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