Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Wayward Shoes spends $13 making each pair of its slip-on sneakers. Last week, they sold 95 pairs of these sneakers for $45 each. How much profit did Wayward Shoes make last week?

Sagot :

Answer:

.

$3040

Step-by-step explanation:

Cost of production of these slip ons = 13 dollars

Sales price of slip ons = 45 dollars

Number of slip ons sold = 95

To get profit, subtract cost price from sales price price, and multiply by number sold.

Mathematically,

(45-13) x 95

= 32x95

= $3040

Wayward shoes made a profit of $3040

Answer: Wayward shoes made $3,040 as profit last week

Step-by-step explanation:

Cost price  for 95 pairs of sneakers = Cost of making a pair x Number of sneakers =$13 x 95=$1,235

Selling price of 95 pairs of sneakers = Cost of selling  a pair x Number of sneakers = $45 x 95=$4,275

Profit = Selling Price- Cost Price

= $4,275 - $1,235

=$3,040

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.