MHB How Do You Calculate Profit from Selling T-Shirts?

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To calculate profit from selling T-shirts, the formula used is profit equals total revenue minus total costs. In this case, selling 26 shirts at $10.25 each generates $266.50 in revenue. Subtracting the initial investment of $180 results in a profit of $86.50. The calculations provided are confirmed to be correct. The discussion also touches on the need for clarification regarding additional questions posed by the user.
mathdad
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You invest in a company that purchases T-shirts and resells them for a profit. You invest 180 dollars and sell each shirt for 10.25. If you sell 26 shirts, what is your profit?

My Work:

Let P = profit

P = (price of each shirt)(total amount of shirts sold) - (amount invested)

P = (10.25)(26) - 180

P = 266.50 - 180

P = $86.50

Is this correct?
 
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Yes, profit is revenue less costs, and you seem to have computed this correctly. (Yes)
 
MarkFL said:
Yes, profit is revenue less costs, and you seem to have computed this correctly. (Yes)

Thank you. How about the other questions posted?
 
What other questions?
 
HallsofIvy said:
What other questions?

I posted about 3 more questions. I want to know if my work is correct.
 
Here is a little puzzle from the book 100 Geometric Games by Pierre Berloquin. The side of a small square is one meter long and the side of a larger square one and a half meters long. One vertex of the large square is at the center of the small square. The side of the large square cuts two sides of the small square into one- third parts and two-thirds parts. What is the area where the squares overlap?

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