Question

The production cost for 5 t-shirts is $23.50. Gary wants to sell each t-shirt for $5.40. What would be Gary's profit from selling 5 t-shirts?

Answer 1

To calculate Gary's profit from selling 5 t-shirts, we can follow these steps:

1. **Determine the selling price for 5 t-shirts:**
\[
\text{Selling Price per t-shirt} = \$5.40
\]
\[
\text{Selling Price for 5 t-shirts} = 5 \times 5.40 = \$27.00
\]

2. **Identify the production cost for 5 t-shirts:**
The production cost for 5 t-shirts is given as \$23.50.

3. **Calculate the profit:**
\[
\text{Profit} = \text{Selling Price} - \text{Production Cost}
\]
\[
\text{Profit} = 27.00 - 23.50 = \$3.50
\]

Therefore, Gary's profit from selling 5 t-shirts would be **$3.50**.