HEEELP. . The owner of the “CD Universe” website just bought 1000 CDs by the same musical artist. Each CD cost $6.45. CD Universe decides to sell them to its customers for $12.95 each. What formula could be used to calculate the profit/loss, p, for selling n CDs?

Ivan Buckley

Ivan Buckley

Answered question

2022-09-24

HEEELP. . The owner of the “CD Universe” website just bought 1000 CDs by the same musical artist. Each CD cost $6.45. CD Universe decides to sell them to its customers for $12.95 each. What formula could be used to calculate the profit/loss, p, for selling n CDs?

Answer & Explanation

tucetiw0

tucetiw0

Beginner2022-09-25Added 12 answers

The total cost of 1000 CD's given that each costs $6.45 is equal to $6450.
The revenue is the product of the number of CD's sold, n, and the selling price of each is $12.95. The equation for the profit or loss of "CD Universe" is,
P = 12.95 n 6450

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