Question

Jill makes t-shirts for her friends. She

spent $99 on her cricut machine, $20 on
vinyl, and $150 on t-shirts. This year, she
received $1,000 from selling shirts. What
is Jill's profit for the year?

Answer 1

Jill's profit for the year is calculated by taking her total revenue from t-shirt sales, which is $1,000, and subtracting her total expenses of $269 for the Cricut machine, vinyl, and t-shirts, resulting in a profit of $731.

Step-by-step explanation:

Jill's profit for the year can be calculated by subtracting her total expenses from her total revenue from selling t-shirts. Her total expenses include the cost of the Cricut machine, the vinyl, and the t-shirts. Her total revenue is the amount she received from selling shirts.

Total expenses: $99 (Cricut machine) + $20 (vinyl) + $150 (t-shirts) = $269.

Total revenue from selling shirts is $1,000.

Therefore, Jill's profit for the year = Total revenue - Total expenses = $1,000 - $269 = $731.