Problema Solution
Each day a small business owner sells 200 pizza slices at $1.50 per slice and 85 sandwiches at $2.50 each. If business expenses come to $60 per day. What is the owner's profit for a twelve day period?
Answer provided by our tutors
first we will calculate the profit for 1 day:
money earned from pizza slices + money earned from sandwiches - expenses = the profit
100*1.50 + 85*2.50 - 60 = $302.5
since each day he sells the same amount of pizza slices and sandwiches and has the expenses the profit for 12 day period will be the profit for 1 day multiplied by 12
302.5 * 12 = $3630
the owners profit for 12 day period is $3630.