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Exercise 10

Avg difficulty 2.5

Use a combination of operations to solve these problems. Document your steps and thinking.

You ordered 70 hats that you plan to sell for $20 each at an event. The cost was $8 per hat. You sold 65 of them and returned the rest but had to pay a $3 restocking fee on each hat returned. What is your profit?

Lee et al., Math in Society, §1.5 Problem Solving, Exercise 10

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Adapted from Math in Society © 2018–2024 Portland Community College Math Instructors. Licensed under CC BY-SA 4.0. Source: Math in Society. Imported at revision 68ee43c.