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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3 years 2021-08-31T22:25:55+00:00 1 Answers 2 views 0

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    2021-08-31T22:27:53+00:00

    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

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