Question

A restaurant sells burritos for $8.00 each. The cost of the meat is $1.50 and the cost of the other ingredients is $1.00 for each burrito.

Money made from selling burritos is positive. The cost of making burritos is negative. Profit is the money left after paying the costs.

How much profit would the restaurant make by selling 100 burritos? Answer these questions to find out.

1. How much money would the restaurant take in by selling 100 burritos?


2. What is the cost of making one burrito? (Remember that costs are negative.) Explain how you found your answer


3. What is the cost of making 100 burritos?


4. What is the profit the restaurant makes from selling 100 burritos? Does the restaurant make money or lose money? Explain.

Answer 1

$8-$2.50 = $5.5 made per burrito
100 burritos made x $5.50 profit per buritto profit = $550

Cost to make them: $2.50 a burrito x $100 =$250
$800 - $250 = $550
The restaurants profit is bigger than the loss

Answer 2

Sells each burrito for $8.
Making burritos costs $2.5
8-2.5 = 5.5
Each burrito makes $5.5 of profit.

1. 100x 5.5 = $550

2. Cost = $2.5

3. 2.5 x 100 = $250

4. Makes $800 selling 100 burritos ($8 each). The restaurant makes money, because the profit is bigger than the cost of production.

Have a nice day ^^