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If the price is $40, the number of units sold is 450, and the average cost is $33, what is the profit?

User Mahendran
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2 Answers

3 votes
14850 is the average profit
and 18000 is the charge of $40
so 18000-14850 is your answer
User ITake
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5 votes

We are given

total number of units sold =450

price of per unit =$ 40

average cost of per unit =$ 33

we know that

profit per unit = price per unit - average cost per unit

now, we can plug value

profit per unit = $40- $33

profit per unit = $7

now, we can find total profit

total profit = profit per unit * total number of units

now, we can plug values

and we get

total profit =
7*450

total profit =$
3150.................Answer


User Nuno Ferro
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7.9k points

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