Dirk sells amulets at a Ren Faire. He sells for 2 days and each day he sells 25 amulets. Each amulet sells for 40 dollars and they cost him 30 dollars to make. If he has to give 10% of his revenue to the faire, how much profit did he make?
Thoughts? Step-by-step reasoning:
He sold 2 * 25 = 50 amulets. So he made 40 * 50 = $2000. The faire took 2000 * .1 = $200. So he kept 2000 - 200 = $1800. The amulets cost 50 * 30 = $1500 to make. So he had a profit of 1800 - 1500 = $300.
Thus, the answer is 300.