SOLUTION: You invest in a company that purchases T-shirts and resells them for a profit. You invest $180 and sell each shirt for $10.25. If you sell 26 shirts, what is your profit?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You invest in a company that purchases T-shirts and resells them for a profit. You invest $180 and sell each shirt for $10.25. If you sell 26 shirts, what is your profit?       Log On

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Question 1076820: You invest in a company that purchases T-shirts and resells them for a profit. You invest $180 and sell each shirt for $10.25. If you sell 26 shirts, what is your profit?
Answer by rapture(86) About Me  (Show Source):
You can put this solution on YOUR website!
Let P = profit

P = (price of each shirt)(total amount of shirts sold) - (amount invested)

P = (10.25)(26) - 180

P = 266.50 - 180

P = $86.50

Understand?