SOLUTION: A company produced 2,265,400 tires in one year and made a profit of 15,720,000. What was the profit of each tire?

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Question 295700: A company produced 2,265,400 tires in one year and made a profit of 15,720,000.
What was the profit of each tire?
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
Profit of 1 single tire = Total Profit/Number of tires = 15,720,000/2,265,400 = 6.93917189


So the profit per tire is about $6.94 (to the nearest penny)