Question

A set of pens sells for $3. 75 and costs $1. 50 to make. Thirty 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 600 sets are sold, what is the amount of money that will go to the school?

Answer 1

$405

Explanation:

3.75-1.50=2.25

2.25 x 600 = 1350

30 % of 1350 is 405 so it would equal $405