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Kumar is opening a lemonade stand. He spent $4.50 to build the stand and $2.50 for lemons and sugar. He has enough ingredients to make 20 glasses of lemonade. How much should he charge for one glass of lemonade to cover his expenses and make $10 in profit? Round to the nearest cent.Kumar needs to charge $_____ a glass. |
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Answer» Step-by-step explanation: 10 = 20x-(4.5+2.5) 10= 20x-7 10+7= 20x 17/20= x x= 0.85 verify profit= revenue- cost 10= 20(0.85) -7 10 = 17-7 10= 10 |
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