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Calculating profit Practice Test•5 Questions
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Q1
A non-profit organization is selling shirts to raise money. They purchase 500 shirts at a cost of \$5 per shirt. During the course of the month, they are only able to sell 388 shirts. They donate the extra shirts. If the shirts sell for \$13 each, how much does the organization earn/lose during this campaign?
A non-profit organization is selling shirts to raise money. They purchase 500 shirts at a cost of \$5 per shirt. During the course of the month, they are only able to sell 388 shirts. They donate the extra shirts. If the shirts sell for \$13 each, how much does the organization earn/lose during this campaign?