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Anna007 [38]
3 years ago
14

Ron charges $10 to park a car in his parking lot. He pays $50 per day to rent the lot. If 40 cars park in his lot during the day

, how much does he earn after expenses?
Mathematics
2 answers:
defon3 years ago
8 0

Answer:

<h2>$350</h2>

Step-by-step explanation:

We know that:

  • Ron charges $10 per car.
  • He pays $50 per day for the whole lot.
  • He parks 40 cars per day.

The total cost for the whole lot per day is fixed $50, which is his expense. The total income he receives for the cars is: $10(40) = $400. So, the difference between the total expenses and the total income is:

$400 - $50 = $350

Therefore, Ron has a net profit of $350 after expenses.

jolli1 [7]3 years ago
5 0
From the cars parked in the lot he will earn (40)($10)=$400, but he will need to pay $50 for the rent. Thus his total $ earned will be $400-$50=$350.
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