Home » Test Prep » ASVAB Section 2: Arithmetic Reasoning » How much is the total profit on 5-dozen donuts?
A baker sells a dozen donuts for $3.99.
The cost to make three donuts is $0.45. How much is the total profit on 5-dozen donuts?
A. $17.70
B. $13.20
C. $2.19
D. $10.95
Correct Answer: D
Explanation/Reference:
Multiply $0.45 (the cost of making 3 donuts) by 4 to find the cost of making a dozen donuts: $0.45 x 4 = $1.80. Then multiply the cost of making a dozen donuts by 5 to determine the cost per 5 dozen: $1.80 x 5 = $9.00.
Next, multiply the selling price per dozen times 5, the number of dozens sold: $3.95 x 5 = $19.95.
finally subtract the cost of making 5-dozen donuts from the price the baker sells them for to determine the profit: $19.95 – $9.00 = $10.95.
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