A garage owner buys 35,389 gallons of gasoline at $1.345 per gallon. If the gasoline is sold for $1.435 per gallon, what is the profit?
A) 3,185.01
B) 3,278.85
C) 3,387.74
D) 3,483.38

Question

Quizplus · Accepted Answer

The profit is the difference between the selling price and the cost price. The selling price is $1.435 per gallon and the cost price is $1.345 per gallon. Therefore, the profit is $1.435 - $1.345 = $0.09 per gallon. The total profit is $0.09 * 35,389 = $3,185.01.

A Garage Owner Buys 35,389 Gallons of Gasoline at $1