Number of units purchased = 117
Amount paid to purchase 117 units = $ 1250
Selling price of 117 units = $ 1601
Here, let us assume that all the units were sold at the same price.
So, profit on 117 units = [tex]1601-1250= 351[/tex]
Now, profit per unit will be,
[tex]\frac{351}{117} =3[/tex]
Hence, the profit earned per unit is $3.
