An easy math percentage question?
this is not an assignment or homework..
if a factory produces 42 units/hour and operates 8 hours a day for 300 days, and the profit per one unit is 0.32, what is the total annual profit? please it would be great if you solve it with steps, thanks in advance
Update:I am confused, isn't it per year, so I should divide somewhere by 365??
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42 units/hour
8 hours a day
42*8=336 units/day
they work 300 days each year so in one year they make 300*336 units = 100800(per year)
cost of each unit is 0.32
100800*0.32=32256 (annual profit)
EDIT: the year has 365 days but the factory is only open for 300 days.....according what you wrote.
Um, honestly you just multiply everything together.
42 units an hour * 8 hours a day = 336 units a day * 300 days = 100800 units a year * .32 profit per unit = 32, 256
of units per year = 42*8*300 = 100,800
Total annual profit = 100,800*0.32 = $32,256