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!!!

Algebra ->  Expressions -> 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!!!      Log On


   

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) About Me  (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 = %28562.50-395.75%29%2F375
P = .44467 ~ $.44 profit on each scissor