Monday
April 21, 2014

Homework Help: Math: profits and costs

Posted by edtan on Thursday, June 28, 2012 at 11:21am.

Anne and Carol conducted a cooking class. They collected $375 from the participants as registration fees. They used $180 of this money to pay for rental of the kitchen. Carol took the remainder of $195 and $205 of her own money for Anne to buy food. Anne spent $351 (she has $49 leftover which she has not returned to Carol). Carol also paid $33 for stationery out of her money. The participants then paid a further $2330 to attend the class. If Anne and Carol were to share the profits and costs equally, how much should they each get?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Microeconomics - 3. Suppose that a business incurred implicit costs of $500,000 ...
Economics - Suppose that a tour bus business incurred implicit costs of $600,000...
Economics - A monopoly produces widgets at a marginal cost of $8 per unit and ...
Economics - Suppose you own a home remodeling company. You are currently earning...
Microeconomics - Which of the following is most likely to be true of economic ...
Mathematics - How do I find profits? Money taken in - costs= Profit. That is ...
science - Choose the correct answer. 1. A bad smalling gas is mixed with cooking...
english 11 - 4. Which of the following statements about Anne Bradstreet is NOT ...
math - First year profits of a business were $900 . Second year profits were $...
pre-algebra - Translate the following into an inequality. Do not solve. Profits...

Search
Members