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  1. what is the approximate decimal rounded to the hundredths place. say you have 50 jolly ranchers and sell each one of them for 10 cents. if the bag was 3.5 plus tax how much profit am I making?indecision
 Sep 30, 2015

Best Answer 

 #1
avatar+130518 
+5

You don't say how much the tax is, but if it's included in the "3.5" [$3.50  ??], you have gross sales of 50 x .10  = $5.00

 

So the net profit is Gross sales - Cost =  $[5 - 3.50]  = $1.50   ......no rounding necessary!!!!

 

 

cool cool cool

 Oct 1, 2015
 #1
avatar+130518 
+5
Best Answer

You don't say how much the tax is, but if it's included in the "3.5" [$3.50  ??], you have gross sales of 50 x .10  = $5.00

 

So the net profit is Gross sales - Cost =  $[5 - 3.50]  = $1.50   ......no rounding necessary!!!!

 

 

cool cool cool

CPhill Oct 1, 2015
 #2
avatar
+5

if you have 250 tootsie rolls 

the bag was 3.00 dollars

you sell each one of the tootsie rolls for 10 cents a piece

what is your profit

 Oct 1, 2015

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