A vendor bought apples at 2 for $3 and plans to sell them at 5 for $10. He also bought 3 oranges for $2.70 and plans to sell them at $1 each. How much is his profit if he sells 5 apples and 5 oranges?
How much did the vendor pay for each apple? ** A vendor bought each apple for $3/2 = $<<3/2=1.50>>1.50.
How much will the vendor sell each apple for? ** He will sell each apple at $10/5 = $<<10/5=2>>2 each.
How much is his profit for each apple? ** His profit for each apple is $2 - $1.50 = $<<2-1.5=0.50>>0.50.
How much is his total profit for 5 apples? ** His total profit for 5 apples is $0.50 x 5 = $<<0.50*5=2.50>>2.50.
How much did the vendor pay for each orange? ** He bought each orange for $2.70/3 = $<<2.7/3=0.90>>0.90.
How much is his profit for each orange? ** His profit for each orange is $1 - $0.90 = $<<1-0.9=0.10>>0.10.
How much is his total profit for 5 oranges? ** His total profit for 5 oranges is $0.10 x 5 = $<<0.10*5=0.50>>0.50.
How much is his total profit for selling 5 apples and 5 oranges? ** Therefore, his total profit for selling 5 apples and 5 oranges is $2.50 + $0.50= $3.
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