SOLUTION: During the school fair, the student council sold lemonade at 25 cents for each 260 ml.glass. Altogether they sold 420 glasses. The lemonade was purchased at a cost of 60 cents per

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: During the school fair, the student council sold lemonade at 25 cents for each 260 ml.glass. Altogether they sold 420 glasses. The lemonade was purchased at a cost of 60 cents per       Log On


   

Question 295958: During the school fair, the student council sold lemonade at 25 cents for each 260 ml.glass. Altogether they sold 420 glasses. The lemonade was purchased at a cost of 60 cents per liter. How much profit did the student council make?

Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
one liter =1000 mL
420*260=109200 mL=109.2 liters
109.2*.60= 65.52
420*.25=$105.00
105.00-65.52=$39.48 profit.
That makes sense because they make about $.40 on every 4 glasses or 10 cents a glass.
That does not include all the free lemonade that the sellers spilled, drank or gave away.