Problema Solution
A store received 200 containers of juice to be sold by April 1. Each container costs the store $.75 and sold for $1.25. The store signed a contract with the manufacture in which the manufacturer agreed to a $.50 refund for every container not sold by April 1. If 150 containers were sold by April 1, how much profit did the store make?
Answer provided by our tutors
the profit from the 150 containers sold is 1.25 - 0.75 = $0.50 for each container
50 containers were returned (200 -150) and 0.50 refund for each was received back but since they were bought by $0.75 each the store will have a loss of 0.75 - 0.50 = $0.25 for each container returned
thus we can find the profit from the following expresion
150*(1.25 - 0.75) - 50*(0.75 - 0.50) = $62.5
the store made $62.5 profit.