Blossom's Flowers purchases roses for sale for Valentine's Day. The roses are purchased for $10 a dozen and are sold for $20 a dozen. Any roses not sold on Valentine's Day can be sold for $5 per dozen. The owner will purchase 1 of 3 amounts of roses for Valentine's Day: 100, 200, or 400 dozen roses. The payoff for buying and selling 400 dozen roses at the full price is:
$12,000
$6,000
$4,000
It cannot be determined.
The cost of the roses is $4000. Subtract that from cost of the dozens that are sold at $20 (full price).
You are given much extraneous information (information that is not needed) in the third and fourth sentences.
$8000 - $4000 = ?
You need to read the problem carefully.
I hope this helps.
$4000
The payoff for buying and selling 400 dozen roses at the full price can be calculated as follows:
The cost of purchasing 400 dozen roses at $10 per dozen is: 400 * $10 = $4000.
The revenue from selling 400 dozen roses at $20 per dozen is: 400 * $20 = $8000.
Therefore, the profit from selling 400 dozen roses at the full price is: $8000 - $4000 = $4000.
Hence, the correct answer is: $4,000.
To find the payoff for buying and selling 400 dozen roses at the full price, we need to calculate the profit made from selling all the roses.
First, let's calculate the cost of purchasing 400 dozen roses. A dozen means 12, so 400 dozen roses would be 400 * 12 = 4800 roses.
The cost of purchasing roses for each dozen is given as $10. Therefore, the cost of purchasing 400 dozen roses would be 400 * $10 = $4000.
Now, let's calculate the revenue from selling all the roses at the full price. The selling price for each dozen roses is given as $20. Therefore, the revenue from selling 400 dozen roses would be 400 * $20 = $8000.
To find the profit, we subtract the cost from the revenue: $8000 - $4000 = $4000.
Therefore, the payoff for buying and selling 400 dozen roses at the full price is $4000.
So, the correct answer is: $4000.