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Answers
Answer: she made a profit of $194 or $151.29
Step-by-step explanation:
Or if you take away the money she had to spend to make the lemonade
stand ($42.71)
you take away $42.71 from $194.00 to get $151.29
Answer:
$ 151.29
Step-by-step explanation:
Given, i) Cost of wood; CP (W) = $ 32.76
ii) Cost of nails; CP (N) = $ 4.30
iii) Cost of lemonade mix; CP (L) = $ 5.65
iv) No. of cups she sold = 97
v) Cost of each cup; SP (C) = $ 2
To find: i) The profit she made from selling lemonade.
Soln: Profit = Selling Price - Cost Price
P = SP - CP
Total CP = CP (W + N + L)
= $ (32.76 + 4.30 + 5.65)
= $ 42.71
Total SP = SP (C) × No. of cups
= $ 2 × 97
= $ 194
•°• P = SP - CP
P = $ (194 - 42.71)
•°• P = $ 151.29
Hence, Jennifer made a profit of $ 151.29.
Adiós! Hope this helps you!