Question #N89
A store sells bags of apples for $\$3.50$ per bag. If the store makes a profit of $\$0.75$ per bag, what is the cost, in dollars, of each bag of apples?
A. $\$2.75$
B. $\$3.25$
C. $\$4.25$
D. $\$4.75$
Correct Answer is: A
The cost of a bag of apples is the selling price minus the profit: $\$3.50 - \$0.75 = \$2.75$.