Question

John owns a concession stand where he sells drinks and snacks. He purchases each drink for $0.50 and sells it for $1.25. Let P be the profit John makes selling x sodas.

Which explanation is the correct interpretation of P(16) = 12?

A. When John sells 12 drinks, he makes a profit of $12.

B. When John sells 12 drinks, he makes a profit of $16.

C. When John sells 16 drinks, he makes a profit of $12.

D. When John sells 16 drinks, he makes a profit of $16.

Answer 1

Answer:The required profit john makes selling x sodas is 1.25x-0.50.

Explanation:

According to given question we haveLet the selling price of sodas be xLet the profit be PEach drink cost(C.P) = $0.50S.P=$1.25By the use of profit and loss we getprofit =S.P-C.Pp=1.25x-0.50Therefore, the required profit john makes selling x sodas is 1.25x-0.50.Learn more details about profit and loss