A company that produces dining room tables determines that market price of a table is $150. They make 15% profit percentage from each table. This month they produce 2800 tables. Find their profit.

Respuesta :

Answer:

2800 tables is $63,000

Explanation:

To find the profit of the company, we need to calculate the total revenue generated from selling the tables and then subtract the total cost of producing them.

First, let's find the profit made from each table:

Profit per table = 15% of the market price

                  = 0.15 * $150

                  = $22.50

Now, let's find the total profit from producing 2800 tables:

Total profit = Profit per table * Number of tables produced

            = $22.50 * 2800

            = $63,000

So, the company's profit from producing 2800 tables is $63,000.