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Answer:
$12
Step-by-step explanation:
3/7 of 56 = 24 hats
24 x $3.5 = $84
The remaining hats 56-24 =32 hats
HALF of 32 =16hats
16x$3 =$48
$84 + $48 = $132
But he spent $120
The profit Ravi made = 132-120 = $12