Answer:
£7320
Step-by-step explanation:
8 coaches so the cost for the company:
95 x 8 = 760 (cost for drivers)
0.7 x 200 x 8 = 1120 (cost for fuel)
Total cost = 760 + 1120 = 1880
Money received from students:
400 x 23 = 9200
Profit:
9200 - 1880 = 7320
Total profit of company makes for this trip is £7320.
Profit is the positive amount remaining after subtracting cost from the revenues generated over a period of time.
400 passengers go on a coach trip and each coach takes 50 passengers
So, no. of coaches = 8
Cost for drivers = 95 x 8 = 760
Cost for fuel = 0.7 x 200 x 8 = 1120
The cost for coaches = cost for drivers + cost for fuel
The cost for coaches = 760 + 1120 = 1880
Total revenue of company = 400 x 23 = 9200
Total profit of company = Total revenue of company - The cost for coaches
Total profit of company = 9200 - 1880 = 7320
Hence, total profit of company makes for this trip is £7320
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