Question

25. A jewelry salesman did a total business of $42,500. Cost of merchandisewas $21,400, and expenses were $12, 200. What was the profit?A. $9800B. $8900c. $7985

Answer 1

Answer:

Profit = $8900

Explanations:

Total business = $42,500

Cost of merchandise = $21,400

Expenses = $12,200

Total business = Cost of merchandise + Expenses + Profit

42500 = 21400 + 12200 + profit

42500 = 33600 + profit

Profit = 42500 - 33600

Profit = $8900