Final answer:
To calculate the profit, subtract the cost of expired apples from the total revenue generated by the sold apples.
Step-by-step explanation:
To calculate the profit the store made on apples last week, we need to subtract the cost of the apples that expired from the total revenue generated by the sold apples.
The store sold 356 apples and lost 24 due to expiry. Each apple was sold for $0.79.
The total revenue generated from the sold apples is 356 apples x $0.79 = $281.24. The cost of the expired apples is 24 apples x $0.79 = $18.96.
To calculate the profit, we subtract the cost of expired apples from the total revenue: $281.24 - $18.96 = $262.28. Therefore, the store made a profit of $262.28 on apples last week.