SOLUTION: Red Carpet Catering served food at a town picnic. Each plate of food costs the company $0.85 to produce and is sold for $2.00. Red Carpet Catering made $549.70 in profits. Find

SOLUTION: Red Carpet Catering served food at a town picnic. Each plate of food costs the company $0.85 to produce and is sold for $2.00. Red Carpet Catering made $549.70 in profits. Find

Algebra.Com

Question 1094251: Red Carpet Catering served food at a town picnic. Each plate of food costs the company $0.85 to produce and is sold for $2.00. Red Carpet Catering made $549.70 in profits. Find the number of plates of food sold?

Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
profit=revenue-cost
2.00-.85=1.15
549.70=1.15p
549.70/1.15=p
p=478
RELATED QUESTIONS
Two foods, I and II contain the following percentages of carbohydrates, protein, and fat: (answered by stanbon)

Use the graph to answer the question that follows.... (answered by greenestamps)

Margie is responsible for buying a week's supply of food and medication for the dogs and... (answered by josgarithmetic)

the cost for food for each person attending the picnic is $6.50. the club budget includes (answered by jorel1380)

at the highschool band's annual spaghetti dinner, the members served 210 dinners and... (answered by stanbon)

if a menu item is sold for $.25 but it cost $.85 to make, what is the food cost... (answered by Alan3354,richwmiller)

Hi this is my problem 16. the high school chorus held a spagetti dinner to raise money... (answered by josmiceli)

Finicky-Cat Gourmet Pet Food makes organic cat food and sells them in 2 kg bags. The... (answered by solver91311)

Josef is on the planning committee for the eighth grade party. The food, decoration, and... (answered by TimothyLamb)