REDO’s manufacturing costs for sets of horseshoes include a $10,500 initial outlay, and $15per set. They can sell the sets $40. If profit is revenue from sales minus manufacturing costs, and the company producessells 500 sets of horseshoes, what was their profit?
Choose the correct answer
A) $2100	B) $2000	C) $2050	D) $2070	E) $2500
Total Manufacturing cost = 10500+500*15= 
<gadget id="calculator">10500+500*15</gadget>
<output>18_000</output>
18000   Total Selling cost= 500*40= 
<gadget id="calculator">500*40</gadget>
<output>20_000</output>
20000   Profit= 20000-18000= 
<gadget id="calculator">20000-18000</gadget>
<output>2_000</output>
2000   Answer : $2000
<result>B</result>
REDO’s manufacturing costs for sets of horseshoes include a $10,500 initial outlay, and $15per set. They can sell the sets $40. If profit is revenue from sales minus manufacturing costs, and the company producessells 500 sets of horseshoes, what was their profit?