Mathematics

Question

Bloro Appliances is pushing a new model of dishwasher. It costs Bloro $71.22 to put each dishwasher on the sales floor, but they can sell the dishwashers for $285.50 apiece. Bloro has three primary salespeople, each of whom earns a different commission per dishwasher sold. Their sales data for the past six months is shown below.
Salesperson Sold Commission/Sale
Rick 114 $47.50
Carl 176 $62.75
Lee 96 $51.35
In order to stock the dishwashers, Bloro Appliances had to sign a contract which included costs of $15,975. How much profit did Bloro Appliances gain from sales of these dishwashers over the past six months?
a. $72,839.40
b. $66,737.08
c. $61,320.68
d. $45,348.48

2 Answer

  • Answer:

    d

    Step-by-step explanation:

    edg 20/21

  • Bloro Appliances earned profit of $45348.48 from sales of these dishwashers over the past six months.

    What is profit?

    Profit is the money earned by a business when its total revenue exceeds its total expenses.

    Profit =  Selling price - Cost price

    Selling price = 285.5 * (114 + 176 + 96) = $110203

    Cost price = 114(71.22 + 47.5) + 176(71.22 + 62.75) + 96(51.35 + 71.22) + 15,975 = $64854.52

    Profit = Selling Price - Cost Price

             = $110203 - $64854.52 = $45348.48

    Learn more about profit here

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