Question

A restaurant chef was ordering supplies. He ordered 9 pounds of beef at 7.53 per pound, 9 pounds of potatoes at $6.45 a pound and 4 pounds of carrots at $6.23 per pound. He estimates that this will make 27 meals. If he charges 39.53 per meal how much profit will he make

Answer 1

916.57 pounds

Explanation:

Cost of beef = 7.53 pounds × 9

= 67.77 pounds

Cost of potatoes = 6.45 pounds × 9

= 58.05 pounds

Cost of carrots = 6.23 pounds × 4

= 24.92 pounds

Total cost = 67.77 pounds + 58.05 pounds + 24.92 pounds

= 150.74 pounds

Total revenue = 27 meals × 39.53 pounds

= 1067.31 pounds

Total profits = Total revenue - Total cost

= 1067.31 pounds - 150.74 pounds

= 916.57 pounds