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Lamps which cost $120 wholesale are sold for $192, at a profit of $6 per lamp. How many lamps were in the shipment?
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R - E = P revenue minus expense equals profit. Profit is 6L ($6 per lamp times the number of lamps), Expense is $120, and Revenue is $192. 192 - 120 = 6L 72 = 6L L = 12 12 lamps
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