Question

jermaine buys t - shirts for $6 each and marks up the price by 45%. how much profit does jermaine make for each t - shirt sold? $2.70

Explanation:

Step1: Identify the cost and markup percentage

The cost per T - shirt is $C = 6$, and the markup percentage is $r=45\%=0.45$.

Step2: Calculate the profit

Profit is calculated as the cost multiplied by the markup percentage. The formula for profit $P$ when there is a markup is $P = C\times r$.
Substitute $C = 6$ and $r = 0.45$ into the formula: $P=6\times0.45 = 2.70$.

Answer:

The profit Jermaine makes for each T - shirt sold is $\$2.70$.