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20 May, 18:07

The Clean and Shiny Car Wash Company charges $95 to detail a car They detailed 75 cars during the past month. Their expenses are given in the table below

Expense

Rent of Space

Supplies

Advertising

1. Amount Month

$2000

$550

$155

Profit = 595 (number of cars detailed) - (expenses) to calculate the company's profit for the past month

Use the formula

54.470

-$2 535

54420

$3250

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Answers (2)
  1. 20 May, 18:23
    0
    month's profit = $4,420

    Explanation:

    total revenue = number of detailed cars x price per service = 75 cars x $95 per car = $7,125

    Expense Amount Month

    Rent of Space $2,000

    Supplies $550

    Advertising $155

    total monthly expenses $2,705

    month's profit = total revenue - total expenses = $7,125 - $2,705 = $4,420
  2. 20 May, 18:31
    0
    Answer: The correct answer is $4,420

    Explanation:

    In order to calculate the profit for the past month you need to subtract the total expenses from the amount that was earned. The total expenses are $2,000 + 550 + 155 = $2,705. The total revenue earned is $95 (cost per car) x 75 (cars detailed) = $7,125.

    Profit = revenue - expenses

    Profit = $7,125 - $2,705 = $4,420
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Home » Business » The Clean and Shiny Car Wash Company charges $95 to detail a car They detailed 75 cars during the past month. Their expenses are given in the table below Expense Rent of Space Supplies Advertising 1.
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