Ryan Miller wanted to make some money at a flea market. He purchased 55 small orchids from a nursery for a total of $233.75, three bags of potting soil for $2.75 each, and 55 ceramic pots at $4.60 each. After planting the orchids in the pots, Ryan sold each plant for $15.50 at the flea market.

Question

What was his total cost per potted plant?
How much total profit did Ryan make on this flea market venture?

Answer 1

total cost: 233.75 + 3*2.75 + 55*4.60
cost per plant = totalcost/(55+55)
profit = 110*15.50 - totalcost