Question

Jim bought a dozen doughnuts for $5. He sold each doughnut for $1. What is Jim's profit?

A)
$4


B)
$5


C)
$6


D)
$7

Answer 1

D) $7

Explanation:

The cost for a dozen donuts is 5 dollars

The money made from a dozen donuts is

12*1 = 12 dollars

The profit is the money made minus the money spent

12 -5 =7