Question

A lemonade stand sells lemonade for 1.50 a cup. The actual cost is 25 cents per cup. The profit is what portion of selling price?​

Answer 1

5/6

Explanation:

Answer 2

The profit is
`(5)/(6)` of the selling price

Explanation:

We need to find what "fractional amount" is the profit of the Selling Price.

We can first see:

Profit = Selling Price - Cost

Given,

SP (Selling Price) = 1.50

Cost = 0.25

Profit = 1.50 - 0.25 = 1.25

Now,

Profit = 1.25

SP = 1.50

We find the fractional amount (what portion) of profit with respect to SP by dividing. Shown below:

1.25/1.50 =
`(5)/(6)`