Question

If Leroy buys crullers wholesale at 30 cents each and sells 325 at 100% markup, what is his profit if his other expenses are $95.00?

Answer 1

the profit would be $2.50

Answer 2

Profit = $2.50

Explanation:

Expenses:

(325 x 0.30) + 95.00 = $192.50

Gross sales:

325 x 0.60 = $195.00

Profit = $2.50