478,097 views
23 votes
23 votes
Gage bought 5 pairs of running shoes for $49 each.

He raised the price and sold the shoes for $65 each.
How much total profit did he make by selling all
five pairs of running shoes?

User Farzin Farzanehnia
by
2.8k points

1 Answer

8 votes
8 votes

Answer:

$80

Explanation:

His buying cost for 1 pair of shoes: $49

His selling price for 1 pair of shoes: $65

His profit on selling 1 pair of shoes: $65 - $49 = $16

His profit on selling 5 pairs of shoes: 5 × $16 = $80

User Arcsector
by
3.2k points