Herbert plans to use the earnings from his lemonade stand according to the table above, for the first month of operations. If he buys $70 worth of lemons, how much profit does he take home?

Respuesta :

arie01
the answer is $30

hope this helps

Table is attached below

From the table we can see that the Lemon cost is equal to 35% of the expenses

Let the expense be x, Lemons cost is 70

Lemon cost = 35% * x

70 = 35% * x ( 35% = [tex] \frac{35}{100} [/tex] = 0.35)

70 = 0.35 * x

x = [tex] \frac{70}{0.35} [/tex]

x= 200, Expense = $200

Given : Profit percentage is 15%= [tex] \frac{15}{100} [/tex] = 0.15

Profit = profit percentage * Expense

Profit = 0.15 * 200 = 30

So profit = $30


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