For this chain-of-thought reasoning and answer, what was the question?
$1 is equivalent to 100 cents so $12.50 is equivalent to 100 * 12.50 = 1250 cents. He bought 25 oranges for 1250 cents so each orange cost 1250 / 25 = 50 cents each. If he sells each orange for 60 cents, he is making a profit of 60 - 50 = 10 cents on each one.
A: 10
Q: Joshua bought 25 oranges for $12.50. If he sells each one for 60c, how much profit in cents will he make on each orange?