True Value Hardware buys 200 snow blowers for $90 each to stock the store for the winter. If True Value sells the 200 snow blowers at $120 each, what is the profit? (sales - cost)
A) $60,000
B) $6,000
C) $24,000
D) $18,000
E) None of these

Question

Quizplus · Accepted Answer

The cost for 200 snow blowers is 200 x $90 = $18,000. The sales revenue is 200 x $120 = $24,000. The profit is sales - cost = $24,000 - $18,000 = $6,000.

True Value Hardware Buys 200 Snow Blowers for $90 Each