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3 years ago

What is profit?

Business

1 answer:

lions [1.4K]3 years ago

3 0

Answer:

C. Money remaining when all other business expenses, including

salaries, rent, and taxes, have been paid.

Explanation:

Profit can also be said to be the difference between the amount earned and the amount spent in buying, operating, or producing something.

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If three sandwiches and two bags of chips cost $22. 00, and two sandwiches and one bag of chips cost $14. 25, how much does a ba

morpeh [17]

A bag of chips will cost $1.25. The price is calculated by making linear equations in two variables and solving them by substitution method.

<h3>What is a linear equation in two variables?</h3>

Linear equation in two variables can be defined as an equation in the form:

$\rm ax + by = c$ , where x and y are variables and a and b are not equal to 0.

For the given problem, let "s" be the cost of a sandwich and "c" be the cost of a chips bag.

Given:

The cost of three sandwiches and two chips bags is $22.00.

Therefore, the 1st equation will be:

$\rm 3s +2c = 22$

The cost of two sandwiches and one chips bag is $14.25.

Therefore, the 2nd equation will be:

$\rm 2s + c = 14.25$

To calculate the cost of a chips bag, we need to solve equation 1 and equation 2 by the substitution method.

From equation 2, the value of c will be:

$\begin{aligned}\rm 2s + c &= 14.25\\\\c &= 14.25 - 2s\end$ ... (3)

Now we will put $\rm c = 14.25 - 2s$ in equation 1:

$\begin{aligned} \rm 3s + 2c &= 22\\\\3s + 2(14.25 - 2s) &= 22\\\\3s + 28.50 - 4s &= 22\\\\-s + 28.50 &= 22\\\\s &= 28.50 - 22\\\\s &= \$6.50\end$

On substituting the value of s in equation 3:

$\rm c = 14.25 - 2s \\\\c = 14.25 - 2(6.50)\\\\c = 14.25 - 13\\\\c = \$1.25$

Therefore the cost of a bag of chips is $1.25.

Learn more about linear equations in two variables here:

brainly.com/question/84787

8 0

2 years ago

In terms of innovation streams, what ____ occurred when customers purchased flat-screen computer monitors to replace the older,

Novay_Z [31]

Answer:

Technological substitution.

Explanation:

Technological substitution is basically the substitute to another option product of technology.

4 0

3 years ago

_____ personality tests use a standard set of questions and are scored in a standardized way

Strike441 [17]

The answer is objective personality test.
Objective personality test is designed to measures the personality of a certain individual without being exposed to the bias of the tester.
To fully avoid the bias, the researchers usually created a scoring system that based on quantitative scores rather than the qualitative.

7 0

3 years ago

Why language is an important of communication tools? <br>

eimsori [14]

Answer:

Because Language is a communication tool used by everyone in their daily life as a means to convey information and arguments to others. Explanation:

Makes Sense.

7 0

2 years ago

Read 2 more answers

The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate

Nikitich [7]

Answer: $164,300

Explanation:

Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.

= Beginning dividends payable + Dividends for the year - Ending dividends

= 43,200 + 160,000 - 38,900

= $164,300

8 0

3 years ago