The profit on 8 dozen Hershey's bars, purchased at 6/dozen and sold at 1.75 each, is 120.
To find the profit on 8 dozen Hershey's bars, let's start by calculating the cost and revenue for each dozen.
Cost per dozen = 6
Selling price per bar = 1.75
Now, let's calculate the cost and revenue for one dozen:
Cost per dozen = 6
Revenue per dozen =
Now, we can find the profit for one dozen:
Profit per dozen = Revenue per dozen - Cost per dozen
= 21 - 6
= 15
Now that we know the profit for one dozen is 15, let's find the profit for 8 dozen Hershey's bars:
Profit for 8 dozen = Profit per dozen * Number of dozens
= 15 * 8
= 120
Therefore, the profit on 8 dozen Hershey's bars is $120. This profit represents the difference between the total revenue obtained from selling the bars and the total cost of purchasing them. It's important to note that profit is a key metric for businesses, indicating their financial success in a given transaction or over a specific period. In this case, the business made a profit of $120 by selling Hershey's bars.