Is $31.93 (tip already added) too much to pay for dinner at a restaurant for 1 person?

Mathematics

1 answer:

Nataliya [291]2 years ago

7 0

No, not really, restaurants keep getting expensive every year.

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$409.80.

The amount of net profit the store makes on each container is given by 1.67-0.83 (the amount it is sold for subtracted by the amount it costs the store), which is $0.84 per container. They sell 470 containers, so the net profit at this point is 470(0.84) = $394.80.

However, since the distributor is giving the store a $0.50 refund on all every container under 500 that the store sells, the store gets additional money back:

500-470 = 30 containers not sold
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So the total profit is $394.80 + 15 = $409.80.

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