Question

Max and Jay Are running a lemonade stand they spent $12 on all the material and charge $1.50 for each cup of lemonade write an equation that will allow you to calculate the profit (P) if you are told the number of cups (c) that are sold.

Answer 1

P = $1.50c - $12

Explanation:

profit = total revenue - total cost

total revenue = price per cup x total cup sold = $1.5 x c = 1.5c

Cost = $12