Question

The Jones spent $3000 starting a small company. Then they made 12 rocking chairs for an average cost of $200 each. They sold the rocking chairs for a total of $6200. How much total profit did they make with their company?

Answer 1

800 because he used 2400 dollars with the rocking chairs and 3000 dollars starting the buissness so if you subtract 5400 from 6200 you get 800

Answer 2

They profited $3200 because if they made $6200 you need to subtract the $3000 it took them to start the company then they are left with$3200 which is there profit because they’ve done made back what they spent to start it