My question is: Bronson is an apple dealer. He buys apples from farmers and then transports them to the grocery stores and sells them for profit. He buys individual apples from farmers at a cost of $12 per bushel, and sells them to the stores at a price of $0.40 per apple. If each bushel contains 48 apples, then how much profit, in dollars, does he make after selling 100 apples? Your thoughts:
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At a cost of $12 per bushel, and with 48 apples per bushel, then each apple costs Bronson $12 / 48 = $0.25. If he sells the apples to the stores at $0.40 per apple, then he makes a profit of $0.40 - $0.25 = $0.15 per apple. After selling 100 apples to the store, his profit would be 100 * $0.15 = $15. The final answer: 15.
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