To calculate the total profit, we need to subtract the total cost from the total earnings.
Total cost = $14/cake * x cakes
Total earnings = $50/cake * x cakes
Total profit = Total earnings - Total cost
Given that x ≤ 714r, we can substitute the value of x into the equation:
Total profit = $50/cake * (714r) - $14/cake * (714r)
Total profit = $35700r - $9996r
Total profit = $25704r
Since we don't have the value of r, we can't calculate the exact total profit.
You want to start a bakery business to earn money. The total amount of money you will invest is $10,000. You will be selling cakes. It will cost you $14 to make each cake.
You want to start a bakery business to earn money. The total amount of money you will invest is $10,000. You will be selling cakes. It will cost you $14 to make each cake.
b) x ≤ 714r
c) T = 50x
Using your answer from part b and your equation from part c, what is the most money you can hope to earn from your business?
is $357,000,000
e)
Don't forget that at the beginning of the process you had to spend some of your own money to get started. With the costs taken into account, what was your total profit?
1 answer
1 answer