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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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

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

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