Question

For $155.50, a cosmetician buys 7 L of moisturizer and repackages it in 250-milliliter jars. Each jar costs the cosmetician $0.50. Each jar of moisturizer is sold for $8.95. Find the profit on the 7 L of moisturizer.

Answer 1

Answer:

$81.10

Step-by-step explanation:

Profit = total revenue - total cost

1 liter = 1000 mm

7 liter = 7000 mm

Number of jars needed = 7000 / 250 = 28

total revenue = number of jars sold x price per jar

28 x  $8.95 = 250.60

Total cost = $155.50 + (0.5 x 28) = 169.50

Profit = 250.60 -  169.50 = 81.10