Niko has bought 9 pairs of socks that cost $2 each and plans to resell them. He wants to gain 25% profit from four of the pairs of socks and $0.2 profit each for the other 5 pairs of socks. How much will his total profit be?
Niko will earn $2 x 25/100 = $
<gadget id="calculator">2*25/100</gadget>
<output>1/2 = around 0.5</output>
0.5 profit for each of the first four pairs of socks.
So, his total profit for the four pairs of socks will be $0.5 x 4 = $
<gadget id="calculator">0.5*4</gadget>
<output>2</output>
2.
His total earnings for the 5 pairs of socks is $0.2 x 5 = $
<gadget id="calculator">0.2*5</gadget>
<output>1</output>
1.
Therefore, his total profit will be $2 + $1 = $
<gadget id="calculator">2+1</gadget>
<output>3</output>
3.

<result>3</result>