Question

A company plans on selling MP3 players for $120. To make the MP3 players, a cost estimator determined it costs the company $1500 per week for overhead and $45 for each MP3 player made. How much profit would the company make if it sold 100 players in one week? Explain.

Answer 1

6000

Explanation:

Each mp3 sells at $120 per mp3 player multiply that by 100 its $12000

It cost them $45 per mp3 to be made multiply that by 100 its $4500 then add the $1500 for the week and its $6000

$12000-$6000=$6000

They make a profit of $6000 in a week