Answer: total profit = $418
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Work Shown:
June
Income = (4 lawns)*($27 per lawn) = $108
Expenses = ($32 for gas)+($12 for trim line) = $44
Profit = income - expenses = 108-44 = $64
----------------------------
July
Income = (12 lawns)*($20 per lawn) = $240
Expenses = ($89 for gas)+($29 for blade sharpening) = $118
Profit = income - expenses = 240 - 89 = $151
----------------------------
August
Income = (16 lawns)*($20 per lawn) = $320
Expenses = ($101 for gas)+($16 for oil) = $117
Profit = income - expenses = 320-117 = $203
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Total profit = (june profit)+(july profit)+(august profit)
Total profit = (64) + (151) + (203)
Total profit = $418
If the final result was negative, then we would call this a loss. However, we have a positive value, so we go with a profit.
