Collins Davey
03/27/2023 · Junior High School
A used book store buys a hardback book for \( \$ 1.50 \) and then sells it for \( \$ 5 \). Over time, the store sells the same number of books it buys. The store manager can use the equation \( P(x)=5 x-1.5 x \) to determine the store's profit, \( P(x) \), where \( x \) is the number of books that the store sells. Which statement about the book store is true based on the profit equation?
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The store earns a profit of \( \$3.50 \) for each book sold.
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