Jayla buys and sells vintage clothing. She bought two blouses for $25.00 each and later sold them for $38.00 each. She bought three skirts for $15.00 each and later sold them for $26.00 each. She bought five pairs of pants for $30.00 each and later sold them for $65.00 each.
Jayla’s expenses for purchasing the items were
Jayla’s revenue from the sale of the items was
Jayla’s total profit was
Jayla's expenses:
2 blouses at $25.00 each = $50.00
3 skirts at $15.00 each = $45.00
5 pairs of pants at $30.00 each = $150.00
Total expenses = $50.00 + $45.00 + $150.00 = $245.00
Jayla's revenue:
2 blouses sold at $38.00 each = $76.00
3 skirts sold at $26.00 each = $78.00
5 pairs of pants sold at $65.00 each = $325.00
Total revenue = $76.00 + $78.00 + $325.00 = $479.00
Jayla's profit:
Total revenue - Total expenses = $479.00 - $245.00 = $234.00
Jayla's total profit was $234.00.