Based on the quantity sold and the price, the profit per unit is <u>$5</u> and the total profit is<u> $2,500</u>
The profit made from each unit sold can be found as:
<em>= Market price - Average cost </em>
= 14 - 9
= $5
The total profit would therefore be:
<em>= Profit per unit x Number of units sold </em>
= 5 x 500
= $2,500
In conclusion, the profit per unit is $5 and the total profit is $2,500
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Answer:
3 22/45
Step-by-step explanation:
Answer:
B.
Step-by-step explanation:
Total coins = 11 ( 3 + 4 + 4 = 11).
The probability of picking a nickel first = 3/11 ( 4 nickels out of 11 total).
The probability of picking a dime second = 4/10 = 2/5 ( 3 dimes out of 10 coins left).
The probability of picking the third coin as a quarter = 4/9 ( 3 quarters out of 9 coins left).
The probability of picking all three in that order = 3/11 x 2/5 x 4/9 = 8/165
M = 21 - R is our equation. Plug your value of 12 into the equation for R.
M = 21 - 12.
M = 9.
Greg would have 9 magazines left after reading 12 of them