Problem #1861

1861.

Bridget bakes 48 loaves of bread for her bakery. She sells half of them in the morning for $\textdollar 2.50$ each. In the afternoon she sells two thirds of what she has left, and because they are not fresh, she charges only half price. In the late afternoon she sells the remaining loaves at a dollar each. Each loaf costs $\textdollar 0.75$ for her to make. In dollars, what is her profit for the day?

$\textbf{(A)}\ 24\qquad\textbf{(B)}\ 36\qquad\textbf{(C)}\ 44\qquad\textbf{(D)}\ 48\qquad\textbf{(E)}\ 52$

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Instructions for entering answers:

  • Reduce fractions to lowest terms and enter in the form 7/9.
  • Numbers involving pi should be written as 7pi or 7pi/3 as appropriate.
  • Square roots should be written as sqrt(3), 5sqrt(5), sqrt(3)/2, or 7sqrt(2)/3 as appropriate.
  • Exponents should be entered in the form 10^10.
  • If the problem is multiple choice, enter the appropriate (capital) letter.
  • Enter points with parentheses, like so: (4,5)
  • Complex numbers should be entered in rectangular form unless otherwise specified, like so: 3+4i. If there is no real component, enter only the imaginary component (i.e. 2i, NOT 0+2i).

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