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Each week, Arnold has fixed expenses of P1,250 at his furniture shop. It costs Arnold P150 to make a chair in his shop, and he sells each chair for P275. What is Arnold’s profit if he makes and sells 25 chairs in 1 week?

Sagot :

150 X 25 = P 3750
3750+Fixed Expenses= P 5000

275 X 25 = P 6875
6875 - 5000 = 1875⇒profit