Al's Hardware Buys 200 Lawn Mowers for $50 Each to Stock

question 59

Short Answer

Al's Hardware buys 200 lawn mowers for $50 each to stock the store for spring. If Al sells the 200 lawn mowers at $80 each, what is his profit? (profit = sales - cost)

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Definitions:

Government Assistance

Programs or financial aid provided by the government to support individuals in need, such as welfare, unemployment benefits, or housing subsidies.

Social Assistance

Government programs designed to provide financial aid and support services to individuals and families in need.

Food Bank

A nonprofit organization that distributes food to those who have difficulty purchasing enough to avoid hunger.

Wage Gap

The disparity in income between different groups of people, often based on gender, race, or occupation.