To determine the total profit, we need to calculate the cost to make each phone case and subtract it from the price for each phone case, and then multiply it by the number of phone cases sold.
Cost to make each phone case: $0.60
Price for each phone case: $25
Profit per phone case = Price - Cost = $25 - $0.60 = $24.40
Now let's assume the number of phone cases sold is 500,000.
Total profit = Profit per phone case * Number of phone cases sold
Total profit = $24.40 * 500,000 = $12,200,000
Based on these calculations, the total profit is $12,200,000. Therefore, you made money.
With the costs taken into account, what was
your total profit? Did you make money or lose money?
500,000 dollars
Phones cases
It will cost $0.60 to make each phone case. And the price for each phone case is $25
1 answer
1 answer