Asked by
Alyson Zougheib
on Dec 14, 2024Verified
Julio printed 70 t-shirts for a political rally on campus. His costs to buy the shirts and have them printed were $500. He planned to sell them for $15 each, for a total of $1050. If he sold them all, what would his profit be?
A) $500
B) $1050
C) $1550
D) $550
E) $1000
Political Rally
A large public gathering organized by political entities to garner support, promote agendas, or energize voters.
Profit
The financial gain made in a transaction or business operation, calculated by subtracting total expenses from total revenue.
- Acquire knowledge on the notion of profit and its computation process.
Verified Answer
AK
Learning Objectives
- Acquire knowledge on the notion of profit and its computation process.