Joy sells 200 glasses of iced tea at $0.50 each. Her total costs are $25. Her profits are

Solution:

Given, the selling price of a single glass of iced tea = $0.50

Total cost, i.e cost price = $25

Number of glasses of iced tea sold = 200

The selling price of 200 glasses of iced tea = 200(0.50)

= $100

Profit = selling price - cost price

Profit = 100 - 25

Profit = $75

Therefore, the profit on selling 200 glasses of iced tea is $25.

Joy sells 200 glasses of iced tea at $0.50 each. Her total costs are $25. Her profits are

Summary:

Joy sells 200 glasses of iced tea at $0.50 each. Her total costs are $25. Her profits are $25.