Question

Harley and Dakaria are selling small cups of hot chocolate for $0.75 and large cups of hot chocolate for $1.50. They sold 4 small cups of hot chocolate and 22 large cups of hot chocolate. They spent $9.85 that they will need to pay back to the bank.



How much profit did Harley and Dakaria make in all?

Answer 1

Answer:

  $26.15

Step-by-step explanation:

You want to know the profit from sales of 4 cups of hot chocolate for $0.75 each and 22 cups of hot chocolate for $1.50 each after spending $9.85 on supplies.

Revenue

The revenue from the sale of hot chocolate is ...

  (4 cups)($0.75/cup) +(22 cups)($1.50/cup) = $3.00 +$33.00 = $36.00

Profit

Profit is the difference between revenue and cost. The cost for supplies was $9.85, so the profit is ...

  profit = revenue - cost

  profit = $36.00 -9.85 = $26.15

Harley and Dakaria made $26.15 in all.