Arestaurant prepares 200.00 pizza slices and sells them at a rate of $10.00/slice. expenses for the restaurant include raw material for pizza at $4.00 per slice, $122.00 for monthly rental and monthly insurance of $23.00. lost sale are taken as $5.00 per unhappy customer. leftover pizza can be sold for $2.00. the restaurant is open only for 25 days in a month. today there was a party at nearby office so the demand for pizza went up to 226.00 slices. how much profit could the restaurant earn today?

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan