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For $155.50, a cosmetician buys 7 L of moisturizer and repackages it in 250-milliliter jars. Each jar costs the cosmetician $0.50. Each jar
Question
For $155.50, a cosmetician buys 7 L of moisturizer and repackages it in 250-milliliter jars. Each jar costs the cosmetician $0.50. Each jar of moisturizer is sold for $8.95. Find the profit on the 7 L of moisturizer.
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Mathematics
3 years
2021-08-31T22:25:55+00:00
2021-08-31T22:25:55+00:00 1 Answers
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Answer:
$81.10
Step-by-step explanation:
Profit = total revenue – total cost
1 liter = 1000 mm
7 liter = 7000 mm
Number of jars needed = 7000 / 250 = 28
total revenue = number of jars sold x price per jar
28 x $8.95 = 250.60
Total cost = $155.50 + (0.5 x 28) = 169.50
Profit = 250.60 – 169.50 = 81.10