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.