SOLUTION: A store owner bought n dozen toy boats at a cost of $3.00 per dozen, and sold them at $.75 apiece. Express the profit as a function of n. Could you please help me show the s

Algebra ->  Algebra  -> Functions -> SOLUTION: A store owner bought n dozen toy boats at a cost of $3.00 per dozen, and sold them at $.75 apiece. Express the profit as a function of n. Could you please help me show the s      Log On

Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!
Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!

   


Question 114619:
A store owner bought n dozen toy boats at a cost of $3.00 per dozen, and sold them at $.75 apiece. Express the profit as a function of n.
Could you please help me show the steps in this problem? I'm not sure of how to start it, let alone solve it. Thank you.

Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
THE PROFIT FOR ONE BOAT IS:
.75-3/12=.75-.25=.50
SO IF HE BUYS N DOZEN THEN HIS PROFIT IS:
P=.50*12*N
OR:
N=P/6