Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

You own a coffee shop where you can buy bagels from a vendor for $1.45 each and sell them for $1.85 each. Unsold bagels are discarded. Over the past 10 days, you purchased 40 bagels each day and sold 40 bagels for 4 days and 30 bagels for 6 days. Calculate the potential profit to be made if you order 40 bagels, but only sell 30.

Sagot :

Answer:

$-2.50

Step-by-step explanation:

Profit = total revenue - total cost

total revenue = selling price x amount sold

= 1.85  x 30 = $55.50

total cost = cost price x amount purchased

1.45 x 40  = $58

Profit = 58 - 55.5 = $2.50

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.