a store buys 14 sweaters for $84 and sells them for $504. how much profit does the store make per sweater?
a store buys 14 sweaters for $84 and sells them for $504. how much profit does the store make per sweater?
Answer
Explanation:
Step1: Calculate total profit
Total profit = Selling price - Cost price. Selling price is ( $504 ), cost price is ( $84 ). Total profit (=504 - 84=$420).
Step2: Calculate profit per sweater
Profit per sweater (=\frac{\text{Total profit}}{\text{Number of sweaters}}). Number of sweaters is (14). Profit per sweater (=\frac{420}{14} = 30).
Answer:
(30)