Question

Max spends $2.25 on gas for his lawn mower. He earns
$13.00 mowing his neighbor's yard. What is Max's profit?

Answer 1

Answer: $Profit=\ 10.75$

Step-by-step explanation:

You need to analize the information given in the exercise.

For this exercise you can use the following formula:

$Profit=Total\ Revenue-\ Total\ Cost$

In this case, according to the information given in the exercise, Max spends a total amount of $2.25 on gas for his lawn mower, but he earns $13.00 mowing his neighbor's yard; so you can identify that:

$Total\ Revenue=\ 13.00\\\\\ Total\ Cost=\ 2.25$

Therefore, knowing these values, you can subsitute them into the formula given above:

$Profit=\ 13.00-\ 2.25$

And finally you need to evaluate in order to calculate Max's profit. You get the following result:

$Profit=\ 10.75$