shawn bought a box of candy bars to sell outside a baseball game. there were 20 candy bars in the box. he…

shawn bought a box of candy bars to sell outside a baseball game. there were 20 candy bars in the box. he bought the box for $12 and decided to sell each candy bar for $1. he sold all of his candy bars before the baseball game even started. which of the following statements is true about shawn? hint: set it up like the example problem from earlier in the lesson. a shawn made a profit of $8. b shawn made a profit of $15. c shawn made a profit of $12. d shawn made a profit of $20.

shawn bought a box of candy bars to sell outside a baseball game. there were 20 candy bars in the box. he bought the box for $12 and decided to sell each candy bar for $1. he sold all of his candy bars before the baseball game even started. which of the following statements is true about shawn? hint: set it up like the example problem from earlier in the lesson. a shawn made a profit of $8. b shawn made a profit of $15. c shawn made a profit of $12. d shawn made a profit of $20.

Answer

Explanation:

Step1: Calculate total revenue

He sold 20 candy - bars at $1 each, so the total revenue $R = 20\times1=20$ dollars.

Step2: Calculate profit

Profit $P$ is revenue minus cost. The cost $C = 12$ dollars. So $P=R - C=20 - 12 = 8$ dollars.

Answer:

A. Shawn made a profit of $8.