Question

Each day a small business owner sells 200 pizza slices for $1.50 per slice and 85 sandwiches at $3.50 each. Business exspenses come to $130 per day. What is the owner's profit for a ten-day period.

Answer 1

The owner's profit for a ten-day period is $4675

Explanation:

Each day a small business owner sells 200 pizza slices for $1.50 per slice and 85 sandwiches at $3.50 each.

Let's find the revenue.

Revenue = 200($1.50) + 85($3.50)

= $300 + $297.50

Revenue per day = $597.50

Revenue for 10 days = 10($597.50) = $5975

Business expenses per day = $130

Business expenses for 10 days = 10($130) = $1300

Now let's find the profit.

Profit for 10 days = Revenue - Expense

= $5975 - $1300

= $4675

So the owner's profit for a ten-day period is $4675