Respuesta :
Answer:he made profit of $3.1
Step-by-step explanation:
The relationship between revenue, cost and profit is expressed as
Profit = Revenue - Cost
Jeremy makes $4.70 every time he mows a lawn but it costs him $6.80 to refill his lawn mower with gas.
If Jeremy mows 5 lawns using 3 tanks of gas, it means that his revenue would be
5 × 4.7 = $23.5
Also, his total cost would be
3 × 6.8 = $20.4
Therefore, his profit would be
Profit = 23.5 - 20.4 = $3.1
The profit that will be made by Jeremy is $3.10
- Amount made by Jeremy = $4.70
- Cost to refill the lawnmower = $6.80
If Jeremy mows 5 lawns, the amount that he'll make will be:
= 5 × $4.70
= $23.50
If Jeremy uses 3 tanks of gas, the amount spent will be:
= 3 × $6.80
= $20.40
- Therefore, we have to find the difference between the above figures and this will be:
= $23.50 - $20.40
= $3.10
In conclusion, the profit that will be made by Jeremy is $3.10.
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