Question

In order to make deliciously warm cappuccinos, the lodge must purchase a cappuccino

machine for $500. If the lodge charges $5 for a cappuccino
c) Use your equation to calculate the lodges profit after selling 300 cappuccinos?

Answer 1

Now in order to solve the given Question, we can,

Use this formula, Profit = (Income) - (Cost of the Machine)

Given, the Cost for Cappuccino is 5$, So the Total cost of 300 Cappuccinos, would be :

= 300 x 5$ => 1500$

Now we substitute the values in the formula

Profit = 1500$ - 500$

= 1000$

Therefore the total profit made after selling 300 cappuccinos is 1000$.