SOLUTION: 1.) A company sells 375 scissors fo $562.50. Expenses total $395.75. How much profit is made from each pair of scissos? Thanks fo the help!!!

SOLUTION: 1.) A company sells 375 scissors fo $562.50. Expenses total $395.75. How much profit is made from each pair of scissos? Thanks fo the help!!!

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Question 141823: 1.) A company sells 375 scissors fo $562.50. Expenses total
$395.75. How much profit is made from each pair of scissos?

Thanks fo the help!!!
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
A company sells 375 scissors for $562.50. Expenses total
$395.75. How much profit is made from each pair of scissors?
:
Subtract total expense from total revenue, divide by no. of items
P =
P = .44467 ~ $.44 profit on each scissor
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