Question

Hershey's bar were purchased at $7 per dozen and sold at $1.25 each. Find the profit on 15 dozen Hershey's bar.

Answer 1

Answer:

$Profit = \ 120$

Step-by-step explanation:

Given

$Cost\ Price = \ 7$ per dozen

$Selling\ Price = \ 1.25$

Required

Determine the profit on 15 dozen

First, we need to determine the selling price of 1 dozen.

$Selling\ Price = \ 1.25 * 12$

$Selling\ Price = \ 15$

Next, we calculate the profit on a dozen

$Profit = Selling\ Price - Cost\ Price$

$Profit = \ 15 - \ 7$

$Profit = \ 8$

Profit on 15 dozen is:

$Profit = 15 * \ 8$

$Profit = \ 120$