hot dogs sell for $1.75 each. Each hot dog cost $0.62 to make. 87 hot dogs are sold, what is the profit

Question

finding the profit of hot dogs

Answer 1

Cost: .62(87) = $53.94

Amount of money made: 1.75(87) = $152.25

Profit: 152.25 - 53.94 = $98.31

 

Answer 2

Profit is what  left over after subtracting the cost of something from the money made by selling it.

 

To make 87 hotdogs, it cost $53.94 (87 x $.62)

 

Selling 87 hotdogs earnes $152.25 (87 x $1.75)

 

The profit is $98.31.