It cost the company $0.20 to make a box of mints. If the company sells each box for $3, and it's total yearly profit is $280,000, how many boxes of mints does the company sell each year?

Respuesta :

Answer:

100,000 boxes.

Step-by-step explanation:

From the given information:

Cost of a box of mints = $0.20

Selling price of a box of mints = $3

Profit of a box of mints = $3 - $0.20 = $2.8

We need to find the number of boxes of mints to get $280,000 yearly profit.

[tex]\text{Number of boxes}=\dfrac{\text{Total profit}}{\text{Profit of each box}}[/tex]

[tex]\text{Number of boxes}=\dfrac{280000}{2.8}[/tex]

[tex]\text{Number of boxes}=100,000[/tex]

Hence, the company sell 100,000 boxes of mints each year.

Answer:

100,000 boxes.

Hence, the company sell 100,000 boxes of mints each year.