Question

Help? A set of pens sells for $5.25 and costs $1.80 to make. Forty percent of the profit (the difference between the purchase price and the amount it costs to make) from each set of pencils goes to a school. If 1200 sets are sold, what is the amount of money that will go to the school?

I tried doing a question similar to this and I have no idea what I'm doing :,)

Answer 1

So you get 4:40 dollars and cents left

Answer 2

$1656

Explanation:

First you subtract 1.80 from 5.25. Then you find 40% of that, then multiply it by 1200 and you should have your answer.

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