SOLUTION: A store recieved 200 containers of juice to be sold by April 1. Each container cost the store $0.75 and sold for $1.25. The store signed a contract with the manufacturer in which t

Algebra ->  Expressions-with-variables -> SOLUTION: A store recieved 200 containers of juice to be sold by April 1. Each container cost the store $0.75 and sold for $1.25. The store signed a contract with the manufacturer in which t      Log On


   



Question 209291: A store recieved 200 containers of juice to be sold by April 1. Each container cost the store $0.75 and sold for $1.25. The store signed a contract with the manufacturer in which the manufacturer agreed to a $.50 refund for every container not sold by April 1. If 150 containers were sold by April 1, how much profit did the store make?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
cost=200*0.75=150
gross=150*1.25=187.50
refund=50*.50=25
net=187.50-150+25=$62.50