If a watch store paid $125 per watch for a shipment of watches, and sold all but 15 watches from the shipment for $150 per watch, then, in terms of the number of watches in the shipment, y, what function describes the watch store’s profit, P, from the sales? A) P(y) = 125(y – 15) – 150y
B) P(y) = 15(125 – y) – 150y
C) P(y) = 150(y – 15) – 125y
D) P(y) = 15(150 – y) – 125y
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Answer: C
Step-by-step explanation:
Profit = revenue - cost
Cost: a watch store paid $125 per watch for a shipment of watches
Cost = 125 y
Where y is the number of watches in the shipment
Revenue: sold all but 15 watches from the shipment for $150 per watch
Revenue = 150(y-15)
Profit(y) = 150(y – 15) – 125y
So, the correct option is:
C) P(y) = 150(y – 15) – 125y
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