It cost the company $0.20 to make a box of mints. If the company sells each box for $3, and it’s total yearly profit is $280,000, how many boxes of mints does the company sell each year?
since it takes $0.20 to make a box, you subtract it from $3, meaning that they make a profit of $2.80 for each box, now you divide $280,000 by $2.80 which is 100,000
