SOLUTION: A local convenience store owner spent $10 on 144 pencils to resell at the store. What is the equation of the store's profit if each pencil sells for $0.50? graph the equation

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A local convenience store owner spent $10 on 144 pencils to resell at the store. What is the equation of the store's profit if each pencil sells for $0.50? graph the equation       Log On


   

Question 994419: A local convenience store owner spent $10 on 144 pencils to resell at the store. What is the equation of the store's profit if each pencil sells for $0.50? graph the equation
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A local convenience store owner spent $10 on 144 pencils to resell at the store. What is the equation of the store's profit if each pencil sells for $0.50? graph the equation.
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Profit = Revenue - Cost
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P = 0.50*144 - 10
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P = 72 - 10
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Profit = $62.00
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Cheers,
Stan H.