Final answer:
The restaurant makes a profit of $550.00 by selling 100 burritos, achieved by calculating the total revenue of $800.00 and subtracting the total cost of $250.00.
Step-by-step explanation:
To calculate how much profit the restaurant would make by selling 100 burritos, we need to consider the total revenue and the costs associated with making the burritos.
Total revenue: This is the amount the restaurant takes in from selling 100 burritos. Since each burrito is sold for $8.00, the total revenue from 100 burritos is 100 burritos × $8.00/burrito = $800.00.
Total cost: This includes the cost of the meat and other ingredients for each burrito. The meat costs $1.50 per burrito and the other ingredients cost $1.00 per burrito. Therefore, for 100 burritos, the total cost is (100 burritos × $1.50/burrito for meat) + (100 burritos × $1.00/burrito for other ingredients) = $150.00 + $100.00 = $250.00.
Profit calculation: Profit is total revenues minus total costs. From our calculations above, the profit from selling 100 burritos would be $800.00 - $250.00 = $550.00.
Therefore, by selling 100 burritos, the restaurant makes a profit of $550.00.