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?
Let's think step by step below.
10
$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.

.

The answer is 10