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.
What is the equation? I could try to assist you.
Answer:
x^2 -14x +49
( x-7)^2
Step-by-step explanation:
x^2 -14x
We are completing the square
Take the coefficient of x
-14
Divide by 2
-14/2 = -7
Square it
(-7)^2 = 49
Add it
x^2 -14x +49
Take the -7
( x-7)^2
Where’s the rest of the info??
Answer:
A total of 119 Specials were sold today. Chicken Littles had the highest number sold, which represents about 21% (25/119 * 100) of the total sales and a cost of 24% of the total costs. This was followed by Huge Burger and Coney Dog which were sold 20 each or about 17% of the number sold. Poker Burger, Baby Burger, and Yummy trailed behind with total sales of 19, 18, and 17 respectively.
Step-by-step explanation:
a) Data and Calculations:
SPECIAL NUMBER SOLD Percentage COST Percentage
Huge Burger 20 17% $2.95 20%
Baby Burger 18 15% $1.49 10%
Chicken Littles 25 21% $3.50 24%
Porker Burger 19 16% $2.95 20%
Yummy Burger 17 14% $1.99 13%
Coney Dog 20 17% $1.99 13%
Total Specials Sold 119 100% $14.87 100%
