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A souvenir vendor purchased 1,000 shirts for a special event at a price of $5 each. The vendor sold 600 of the shirts...

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by BTGmoderatorLU » Mon Dec 14, 2020 4:25 am

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C

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Source: Official Guide

A souvenir vendor purchased 1,000 shirts for a special event at a price of $5 each. The vendor sold 600 of the shirts on the day of the event $12 each and 300 of the shirts in the week following the event for $4 each. The vendor was unable to sell the remaining shirts. What was the vendor's gross profit on the sale of these shirts?

A. $1,000
B. $2,200
C. $2,700
D. $3,000
E. $3,400

The OA is E
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