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A coffee shop blends 2 kinds of coffee, putting in 2 parts of a $0. 33 pound grade to 1 part of a $0. 24 grade. If the mixture is changed to 1 part of the $0. 33 grade to 2 parts of the less expensive grade, how much will the shop save in blending 100 pounds?.

Sagot :

The shop will save $0.03 per pound or $3.00 for 100 pounds.

What is Profit and loss?

An income statement, also known as a profit and loss account, is one of a company's financial statements and displays the company's receipts and outlays for a specific time period. It details the conversion of revenues into net income or net profit.

How do you calculate profit and loss?

Profit percent = Profit/Cost Price 100 is the formula to determine the profit percentage. Loss percent = Loss/Cost Price 100 is the formula to determine loss percentage.

According to the given information:

Mixture 1

$0.66 + $0.24 = $0.90 for 3 pounds or $0.30/pound

Mixture 2

$0.33 + $0.48 = $0.81 for 3 pounds or $0.27/pound

The shop will save $0.03 per pound or $3.00 for 100 pounds.

To know more about Profit and Loss visit:

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