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7) A school store buys pencils for $0.15 each.
•It sells the pencils for $0.22 each.
• The store sold 4 dozen pencils last week.
How much profit did the school store make from pencils?

7 A school store buys pencils for 015 each It sells the pencils for 022 each The store sold 4 dozen pencils last week How much profit did the school store make class=

Respuesta :

sqdancefan

9514 1404 393

Answer:

  $3.36

Step-by-step explanation:

On each pencil, the profit was ...

  pencil profit = pencil price - pencil cost

  pencil profit = $0.22 -0.15 = $0.07

The number of pencils sold was ...

  (4 dz)(12 pencils/dz) = 48 pencils

Then the total profit was ...

  (48 pencils)($0.07 /pencil) = $3.36

The store made a profit of $3.36 from pencils.

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