Ray's Lawn and Garden bought 300 lawnmowers for $75.00 each to stock the store for spring. If the 300 lawnmowers are sold for $104.95 each, what is the profit? $8,985.00 $900.00 $1,900.00 $19,000.00

Question

Mathematics

Karly

31 December, 06:01

Ray's Lawn and Garden bought 300 lawnmowers for $75.00 each to stock the store for spring. If the 300 lawnmowers are sold for $104.95 each, what is the profit? $8,985.00 $900.00 $1,900.00 $19,000.00

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Answers (1)

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Sonia Crawford · Answer 1

First you would have to calculate the total price the lawn mowers are bought for. Which you would multiply

300 * 75 = $22,500.

After you do that you get the total in which all 300 lawnmowers would be sold for. In this, you would multiply

300 * 104.95 = $31,485

Once you get these answers you will subtract

$31,485 - $22,500 = $8,985