A dealer bought 3 gross buttons at $.38 a dozen. He sold the buttons at 5 cents each. How much was his profit per gross?(12 dozen equals one gross)

$2.64

Step-by-step explanation:

Selling them at 5 cents each ($0.05), he could sell 1 dozen buttons for

12 * $0.05 = $0.60

As he bought them at $0.38 per dozen, the profit per dozen would be

$0.60 - $0.38 = $0.22

As 12 dozen is 1 gross, the profit per gross would be

12 * $0.22 = $2.64

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