A large delicatessen purchased X pounds of cheese for c dollars per pound. If d pounds of the cheese had to be discarded due to spoilage and the delicatessen sold the rest for s dollars per pound, which of the following represents the gross profit on the sale of the purchase? (gross profit equals sales revenue minus product cost)  Answers: A) s(X-d) - cX B) s(p − d) − pc C) c(p − d) − ds D) d(s − c) − pc E) pc − ds
Total cost price = c*X ............... (1)   Wastage = d pounds   Quantity sold = X-d   Selling price per pound = s   Total selling price = s(X-d) ........... (2)   Profit = (2) - (1)   = s(X-d) - cX   s(X-d) - cX
<result>A</result>
A large delicatessen purchased X pounds of cheese for c dollars per pound. If d pounds of the cheese had to be discarded due to spoilage and the delicatessen sold the rest for s dollars per pound, which of the following represents the gross profit on the sale of the purchase? (gross profit equals sales revenue minus product cost)