Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $30. What is the profit made by Ace? (profit = sales - cost)
A)$1,400
B)$3,000
C)$1,500
D)$1,600
E)None of these

Name: Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $30. What is the profit made by Ace? (profit = sales - cost) A)$1,400 B)$3,000 C)$1,500 D)$1,600 E)None of these
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Question

Quizplus · Accepted Answer

Total cost for Ace = $15 x 100 = $1500
Total sales for Ace = $30 x 100 = $3000
Profit = sales - cost = $3000 - $1500 = $1500

Ace Landscape Buys 100 Shovels for $15 Each