The way you find profit is to subtract the revenue and the cost
Profit = Revenue - Cost
The revenue is the amount of money coming in, the cost is the amount of money going out. The goal of course is to have the revenue larger than the cost so that the profit is positive.
So the equation given is
P = 7.5n - (2.25n+15)
and its in the form
P = R - C
where...
R = 7.5n is the revenue equation
C = 2.25n+15 is the cost equation
Focus on the revenue equation
R = 7.5n
which is the same as
R = 7.50*n
This tells us that Sandra pulls in a total of 7.50*n dollars where n is some positive whole number. It represents the number of necklaces sold. For example, if she sold n = 10 necklaces, then
R = 7.50*n
R = 7.50*10
R = 750
meaning that Sandra has made $750 in revenue
As you can see above, the revenue is computed by multiplying the price per necklace ($7.50) by the number of necklaces sold (n) to get R = 7.50*n
So that's why the answer is $7.50
Note: The 2.25 is part of the cost equation. This is known as the variable cost. It is the cost to make one necklace ignoring the fixed cost (eg: rent). The variable cost often doesn't stay the same, but algebra textbooks often simplify this aspect.
<h3>What is Cost Price?</h3>
This refers to the price which a seller or a merchant purchased a good and this would be a good determinant to find out the selling price so that he could make a good profit.
<h3>Selling Price</h3>
This refers to the price which a good is sold and there are several factors which are taken into account such as:
Mathematically, the<em> profit= </em>Cost price - Selling Price (Expenditure)
Please note that your question is incomplete so I gave you a general overview so that you could have a better understanding of the concept.
Read more about cost price here:
brainly.com/question/19104371
Answer:
Step-by-step explanation:
Feet per minute is a unit of Speed or Velocity in both US Customary Units as well as the Imperial System. It measures the number of feet traveled in a minute. The symbol for feet per minute is ft/m.
Step-by-step explanation:
= 24 × 17 × 12
= 4,896 in³
= 12 × 10 × 4
= 480 in³
The volume of the figure
= 4,896 + 480
= 5,376 in³
