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Francine Owns Her Own Widget Store

Question 202

Multiple Choice

Francine owns her own widget store. She currently does not have enough money to hire anyone else, so she is the only employee. Francine purchased 1,500 widgets for her inventory at $1.50 per widget. In one month, she sold all her widgets for $3.00 each. That month her rent was $700 and utilities were $200. With just this information, Francine's total profit would be $________.


A) 1,250
B) 550
C) 1,350
D) 1,100
E) -500

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