Answer :
Profit is selling price minus cost price, we assumed that the number of candles sold is 100, then the profit is $550
Note: The question is not complete
Cost and Selling price
Given Data
- From the expression we can see the following
- cost per candle = $7.5
- Number of candles sold for the month = x
- Total cost of candles purchased for the month = $200
We have the expression
P (x) = 7.5x - 200
Assuming the number of candles sold is x = 100
P (100) = 7.5*100 - 200
P (100) = 750 - 200
P (100) = $550
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