THIS USER ASKED 👇

How much profit was generated by the sales of gold label and black label combined?

THIS IS THE BEST ANSWER 👇

The combined profit earned by the gold label sales and the black sales  boxed {{ mathbf { $ 5750}}} .

Further explanation:

Given:

The data given shows the gold label and black label data.

Step by step explanation:

Step 1:

The profit earned by a gold label can be calculated as,

{ text {profit earned by gold label}} = { text {number of bottles sold}}  times { text {average profit}}

It is estimated that 1000 bottles of black label were sold at an average profit  $ 2.75 per bottle.

Now calculate the profit earned by gold label bottles as,

 begin {aligned} { text {profit earned by gold label}} & = { text {1000}}  times { text { $ 2}} { text {.75}} \ & = { text { $ 2750}} \ end {aligned}

Step 2:

The profit earned on a black label can be calculated as,

{ text {profit earned by black label}} = { text {number of bottles sold}}  times { text {average profit}}

It is estimated that 2000 black label bottles sold at an average profit  $ 1.50 per bottle.

Now calculate the profit earned black label bottles as,

 begin {aligned} { text {profit earned by black label}} & = { text {2000}}  times { text { $ 1}} { text {.50}} \ & = { text { $ 3000}} \ end {aligned}

Step 3:

Now find the combined profit earned by gold label sales and black label sales as,

 begin {aligned} { text {combined profit}} & = { text {profit earned by black label}} + { text {profit earned by gold label}} \ & =  $ 3000 +  $ 2750   & =  $ 5750 \ end {aligned}

Thus, it is the combined profit earned by the gold label sales and the black sales  $ 5750 .

So, the fifth correct choice is that  boxed {{ mathbf { $ 5750}}} .

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Details of answers:

Grade: Middle school

Subject: Mathematics

Chapter: Profit and loss

Keywords: profit, black label, gold label, sales, combined, sum, average profit, number of bottles sold, bottle, product range, average price, average tax, profit generated

How much profit was generated from the sale of gold and black labels combined?