Lizzy: Joshua bought 25 oranges for $12.50. If he sells each one for 60c, how much profit in cents will he make on each orange?.
Me: Hmmm, let me think. I think this is the detailed solution:
User
$1 is equivalent to 100 cents so $12.50 is equivalent to 100 * 12.50 = 1250 cents. He bought 25 oranges for 1250 cents so each orange cost 1250 / 25 = 50 cents each. If he sells each orange for 60 cents, he is making a profit of 60 - 50 = 10 cents on each one. Final answer: 10.
Assistant