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Home » This Currant Jelly Trick Is Changing How Chefs Make Desserts—Try It Now! - Leaselab

This Currant Jelly Trick Is Changing How Chefs Make Desserts—Try It Now! - Leaselab

📅 February 27, 2026 👤 scraface

Feb 27, 2026

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📌 A company produces widgets at a cost of $15 per unit and sells them for $25 each. If the company sells 1,200 widgets, what is the profit?

📌 First, calculate the total revenue from sales:

📌 \[ \text{Revenue} = 1,200 \times 25 = \$30,000 \]

📌 Next, calculate the total cost:

📌 \[ \text{Cost} = 1,200 \times 15 = \$18,000 \]

📌 Profit is the difference between revenue and cost:

📌 \[ \text{Profit} = 30,000 - 18,000 = \$12,000 \]

📌 An investment of $10,000 earns 5% annual interest compounded quarterly. What is the amount of the investment after 3 years?

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