Question

Jill has a lemonade stand. Her total cost of producing 100 glasses of lemonade is $200. If Jill can sell 100 glasses of lemonade at a price of $5 per glass of lemonade, what is her total profit?

Answer 1

Answer:

Total Profit= $300

Explanation:

Giving the following information:

The total cost of producing 100 glasses of lemonade is $200. Jill sells 100 glasses of lemonade for $5 per glass of lemonade.

To calculate the total profit, we need to use the following formula:

Profit= revenue - total cost

Profit= 500 - 200= $300