To calculate the profit per puppet, we need to subtract the total cost of the puppets from the total revenue:
Total cost = $1073
Total revenue = $1700
Profit = Total revenue - Total cost
Profit = $1700 - $1073
Profit = $627
Now, divide the profit by the number of puppets to find the profit per puppet:
Profit per puppet = $627 / 110
Profit per puppet = $5.70
Therefore, the toy store owner made a profit of $5.70 per puppet.
Question content area top
A toy store owner purchased 110 puppets for $1073. She sold them for $1700. How much profit did she make per puppet?
1 answer
1 answer