Question

Brian and Amy invest $2700 to start a hair cutting business. Each haircut costs them $1.50 (supplies). They charge their customer $15 for each cut. How much profit do they make per haircut?

a) $10.50
b) $12.50
c) $13.50
d) $14.50

Answer 1

To calculate the profit per haircut, we need to subtract the cost per haircut from the price charged per haircut. In this case, the cost per haircut is $1.50 and the price charged per haircut is $15.Brian and Amy make a $13.50 profit per haircut by charging customers $15 and spending $1.50 on supplies.

Step-by-step explanation:

The profit per haircut for Brian and Amy's hair-cutting business can be calculated by subtracting the cost of supplies from the charge to the customer. The cost of supplies is $1.50 per haircut, and they charge $15 per haircut. To find the profit, we subtract the cost from the charge: $15 - $1.50 = $13.50.

Therefore, the correct answer is c) $13.50 profit per haircut.