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23-03-2017
Business

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If tom sells 500 sandwiches for $7 and has an average cost of $5, what is his profit?

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Insanity Insanity

23-03-2017

He bought them for 5 dollars each, and there were 500 of them.
5 * 500 = 2500
He sold them for 7 dollars each,
7 * 500 = 3500

3500-2500 = 1000

He made $1,000 profit off his sandwiches.

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