Question

A deluxe bakery sells a cookie for $2.38, a brownie for $3.07 and a cake for $14.87. On Wednesday they sold 13 cookies, 4 brownies and 4 cakes. The cost in ingredients for each cookie is $1.7, for each brownie is $1.91 and for each cake is $5.83. How much profit did they make on Wednesday?

Answer 1

$ 49.64

Explanation:

Selling price of cookie on Wednesday = 13 × 2.38 = $30.94

Selling price for brownie on Wednesday = 4 × 3.07 = $ 12.28

Selling price for cakes on Wednesday = 4 × 14.87 = $ 59.48

Cost price for cookie = 13 × 1.7 = $ 22.1

Cost price for brownie = 4 × 1.91 = $ 7.64

Cost price for cakes = 4 × 5.83 =$ 23.32

Total profit for Wednesday= Total selling price - total cost price

That is;

(30.94 + 12.28 + 59.48) - (22.1 + 7.64 +23.32) = $ 49.64