Last week at the business where you work, you sold 120 items. The business paid $1 per item and sol

Discussion in 'Calculator Requests' started by math_celebrity, Mar 10, 2018.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Last week at the business where you work, you sold 120 items. The business paid $1 per item and sold them for $3 each. What profit did the business make from selling the 120 items?

    Let n be the number of items. We have the following equations:

    Cost Function C(n) = n
    For n = 120, we have C(120) = 120

    Revenue Function R(n) = 3n
    For n = 120, we have R(120) = 3(120) = 360

    Profit = Revenue - Cost
    Profit = 360 - 120
    Profit = 240
     

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