How much profit was generated by the sales of gold label and black label combined
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The profit genereted by the sales of gold label and black label combined is the sum of the profits generated by the sales of gold label and of the profits generated by the sales of black label.
1. From the table
\begin{lgathered}\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Gold label}&1,000&\$2.75\end{array}\end{lgathered}Gold labelNumber of bottles sold1,000Average profit (per bottle)$2.75
you can find the profits generated by the sales of gold label:
1,000\cdot \$2.75=\$2,750.1,000⋅$2.75=$2,750.
2. From the table
\begin{lgathered}\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Black label}&2,000&\$1.50\end{array}\end{lgathered}Black labelNumber of bottles sold2,000Average profit (per bottle)$1.50
you can find the profits generated by the sales of black label:
2,000\cdot \$1.50=\$3,000.2,000⋅$1.50=$3,000.
In total
\$2,750+\$3,000=\$5,750.$2,750+$3,000=$5,750.
The profit genereted by the sales of gold label and black label combined is the sum of the profits generated by the sales of gold label and of the profits generated by the sales of black label.
1. From the table
\begin{lgathered}\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Gold label}&1,000&\$2.75\end{array}\end{lgathered}Gold labelNumber of bottles sold1,000Average profit (per bottle)$2.75
you can find the profits generated by the sales of gold label:
1,000\cdot \$2.75=\$2,750.1,000⋅$2.75=$2,750.
2. From the table
\begin{lgathered}\begin{array}{ccc}&\text{Number of bottles sold}&\text{Average profit (per bottle)}\\\text{Black label}&2,000&\$1.50\end{array}\end{lgathered}Black labelNumber of bottles sold2,000Average profit (per bottle)$1.50
you can find the profits generated by the sales of black label:
2,000\cdot \$1.50=\$3,000.2,000⋅$1.50=$3,000.
In total
\$2,750+\$3,000=\$5,750.$2,750+$3,000=$5,750.
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