A product costing 60 cents per unit to produce had been selling at the average rate of 1,200,000 units per month. After the product was improved, sales increased to an average of 2,000,000 units per month. However, the new product cost five percent more to produce. If the manufacturer's selling price in each instance was 75 cents per unit, what was the manufacturer's added profit per month with the newer product?
A.$20,000
B.$60,000
C.$200,000
D.$240,000
E.One cannot tell from the information given.
answer: B
2006-12-02
22:16:59
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9 answers
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asked by
rowie
1
in
Mathematics