How much profit was generated by the sales of gold label and black label combined?

Mathematics

2 answers:

lawyer [12.5K]3 months ago

8 0

The profit produced by combining sales of gold label and black label equals the total of their individual profits. From the table $\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Gold label}&1,000&\$2.75\end{array}$ you find the gold label's profit $1,000\cdot \$2.75=\$2,750.$ and similarly from another table $\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Black label}&2,000&\$1.50\end{array}$ find the black label's profit $2,000\cdot \$1.50=\$3,000.$ . Adding these yields $\$2,750+\$3,000=\$5,750.$ . Thus, option 5 is the correct choice.

PIT_PIT [12.4K]3 months ago

4 0

The sum of profits from gold label and black label sales amounts to $\boxed{{\mathbf{\$5750}}}$ . Here's the breakdown: From the provided data, calculate gold label profit as ${\text{profit earned by gold label}}={\text{ number of bottles sold }}\times{\text{ average profit}}$ based on the number of bottles sold and average profit per unit. Similarly, calculate black label profit using the 2000 bottles sold and average profit ${\text{profit earned by black label}}={\text{ number of bottles sold }}\times{\text{ average profit}}$ . Adding these profits gives $\begin{aligned}{\text{combined profit}}&={\text{profit earned by black label}}+{\text{profit earned by gold label}}\\&=\$3000+\$2750\\&=\$5750\\\end{aligned}$ , concluding that the total combined profit is $\$5750$ , which matches option five $\boxed{{\mathbf{\$5750}}}$ . Further relevant resources are linked for deeper understanding. This explanation is suited for middle school math covering profit and loss concepts, involving keywords such as profit, sales, combined totals, and average calculations.

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