Question**: A company produces gadgets at a cost of $15 each. They sell them for $30 each. If they sell 200 gadgets, what is their total profit?

Sun, 03 May 2026 15:11:59 +0000

How Company Profit Is Calculated: A Simple Example with Gadget Sales Understanding how companies calculate profit is essential for anyone interested in business, economics, or budgeting. In this article, we’ll break down a basic but fundamental profit calculation using a real-world example involving gadget production and sales. ### The Setup: Cost, Price, and Volume Imagine a company that manufactures and sells high-tech gadgets. Here’s the key information: