A newspaper company sold 3000 copies of its newspaper at ₱8 per copy on Sunday. The cost for making each newspaper is ₱5 and a fixed cost of ₱5000 is paid for storage. Determine the profit of the newspaper company on Sunday.
A. ₱2 000
B. ₱2, 500
C. ₱3, 500
D. ₱4, 000
A. ₱2 000
B. ₱2, 500
C. ₱3, 500
D. ₱4, 000
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Answer:
D. ₱4, 000
Solution:
3000×8=24000
3000×5=15000
15000+5000=20000
24000-20000=4000