it costs mr kringle $10 to make 100 gaint pretzels for his bakery. if he sell his pretzels for .25 each, how much profit will he make after selling all 100 pretzels?
100 * 0.25 = ?
Subtract 10 from the above answer.
To calculate the profit Mr. Kringle makes after selling all 100 pretzels, we need to determine the revenue from the pretzel sales and subtract the cost.
The revenue is the total amount of money earned from selling the pretzels, which can be calculated by multiplying the number of pretzels sold (100) by the selling price per pretzel ($0.25).
Revenue = Number of pretzels sold * Selling price per pretzel
Revenue = 100 * $0.25
Revenue = $25
Now that we know the revenue is $25, we can calculate the profit by subtracting the cost of making the pretzels from the generated revenue.
Profit = Revenue - Cost
Profit = $25 - $10
Profit = $15
Therefore, Mr. Kringle will make a profit of $15 after selling all 100 pretzels.