For $146.50, a cosmetician buys 5 L of moisturizer and repackages it in 125-milliliter jars. Each jar costs the cosmetician $0.40. Each jar of moisturizer is sold for $7.95. Find the profit on the 5 L of moisturizer.
Accepted Solution
A:
Answer:The profit on 5 L moisturizer bottle is $797.25.Step-by-step explanation:The cost of 5 L of moisturizer bottle = $146.50The cost of each milliliter jar = $0.40Total number of small jars = 125⇒ The total Cost price of 125 jars = 125 x Cost of each jar = 125 x $0.40 = $50So, the Total Cost Price = Cost of Big Bottle + Cost of small 125 bottles = $146.50 + $50 = $196.50Now, Selling price of each jar = $7.95⇒ The total Selling price of 125 jars = 125 x Selling price of each jar = 125 x $7.95 = $993.75Now Profit on 5 L bottle = TOTAL S.P - TOTAL C.P= $993.75 - $196.50 = $797.25Hence, the profit on 5 L moisturizer bottle is $797.25.