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Question
terrance decorates t - shirts to sell. he spends $200 on 100 t - shirts that he sells for $6 each. he sells 70 t - shirts and then accidentally leaves the rest of the shirts out in the rain. how much profit does terrance make? $220 $420 $600 none
Step1: Calculate total revenue
Revenue is calculated by multiplying the number of T - shirts sold by the price per T - shirt. Terrance sold 70 T - shirts at $6 each. So, revenue $R = 70\times6=\$420$.
Step2: Calculate profit
Profit is calculated as revenue minus cost. The cost of the T - shirts is $200. So, profit $P=R - C=420 - 200=\$220$.
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A. $220$