Question

Corey and Braden spent $4.75 on supplies for their hot chocolate shop. On the day of their hot chocolate sale, they sold 8 small cups of hot chocolate for $1.75 each, 13 large cups of hot chocolate at $2.00 each, and 12 mini candy canes for $0.25 each. Corey and Braden split their profit in three – a third for Corey, a third for Braden, and a third for Corey and Braden to invest in their hot chocolate shop.



How much money did they make on large cups?

Answer 1

The amount of money they make (the revenue) from sale of the large cups of hot chocolate is $26.00

What is a business revenue?

A revenue is the income the business generates before the expenses and costs are subtracted.

The amount Corey and Braden spent on supplies = $4.75

Number of small cups of hot chocolate sold = 8

Price of each of the small cups of chocolate = $1.75

Number of large cups of hot chocolate sold = 13

Price of each large cup of hot chocolate = $2.00

Number of mini candy canes sold = 12

Price of each mini candy cane = $0.25

The amount of money made from the sale of the large cups, is the revenue from the sale of the large cups of chocolate, and can be found by the multiplication of the number of large cups sold and the price of each large cup as follows;

Let $R_L$ represent the amount of money made from the sale of the large cups, we get; $R_L$ = 13 × $2.00 = $26.00

• The amount made from the sale of the large cups of chocolate is $26.00

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