Among all the product ranges blue label generated the most profit of $5625.
What is profit?
Profit is basically the difference between the total revenue and the total cost of the product.
Profit=Total Revenue- Total cost.
How to calculate profit?
We know that Average profit= total profit/ number of units.
So the profit will be as average profits* number of units.
So the profit of product ranges will be =average profit * number of bottles.
Profit of red label=1.12*3000
=$3360
Profit of black label=1.5*2000
=$3000.
Profit of gold label=2.75*1000
=$2750
Profit of white label=1.20*2750
=$3300
Profit of blue label=2.25*2500
=$5625.
Hence among all the product ranges blue label has generated maximum profit.
Learn more about profit at https://brainly.com/question/1078746
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