If a retailor buys a dozen tennis balls for $28 and sells them for $36.40, then what is her proft based on the cost?
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Step-by-step explanation:
COST OF DOZEN TENNIS BALLS: $ 28
SELLING PRICE: 36.40
PROFIT: S.P ‐ C.P
THEREFORE,
PROFIT : $36.40 ‐ $28
THEREFORE, PROFIT= 8.4 DOLLARS
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