Question

Max spends $2.25 on gas for his lawn mower. He earns

$13.00 mowing his neighbor's yard. What is Max's profit?

Answer 1

Answer:
`Profit=\$10.75`

Explanation:

You need to analize the information given in the exercise.

For this exercise you can use the following formula:

`Profit=Total\ Revenue-\ Total\ Cost`

In this case, according to the information given in the exercise, Max spends a total amount of $2.25 on gas for his lawn mower, but he earns $13.00 mowing his neighbor's yard; so you can identify that:

`Total\ Revenue=\$13.00\\\\\ Total\ Cost=\$2.25`

Therefore, knowing these values, you can subsitute them into the formula given above:

`Profit=\$13.00-\$2.25`

And finally you need to evaluate in order to calculate Max's profit. You get the following result:

`Profit=\$10.75`