Jen buys and sells candy bars. She buys candy bars for 80 cents each and sells them for a dollar each. If she buys 50 candy bars and sells 48 of them, how much profit does she make in cents?
Thoughts? Step-by-step reasoning:
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It costs Jen 80 * 50 = 4000 cents to buy 50 candy bars. Since a dollar is 100 cents, she earns 48 * 100 = 4800 cents by selling 48 of them. Thus her total profit is 4800 - 4000 = 800 cents.
Thus, the answer is 800.
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