Janice bought 10 school bags at the price of $10 each and sold them at the price of $12 each. What is her net profit?

Janice bought 10 school bags at the price of $10 each and sold them at the price of $12 each. What is her net profit?



a. $120
b. $20
c. $100
d. $10


Answer: b. $20


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