A public health department charges $25.00 for a flu shot.

Question

A public heath department charges $25.00 for a flu shot. The vaccine costs $0.78per shot, a syringe cost $0.51, and the labor cost for the nurse is $0.96per shot. If 167 people get flu shots, what is the profit after all costs are subtracted?

Answer 1

Start with what you know:
Gross Profit – Expenses = Net Profit
Gross Profit= 25(167)
Expenses = 167(0.78 + 0.51 + 0.96)
Combine into one: 167(25-0.78 + 0.51 + 0.96) = net profit
$3,799.25 = net profit