ICE CREAM
you are planning to make and sell ice creams at a schools sports event.
You expect to make and sell 300 ice creams
•You buy ice cream in 1 liter tubs. Each tub costs $2.
•you can fill ten cones from each tub.
•each empty cone cost 5¢
•you plan to sell each filled cone for 80¢
Before buying ice cream, you survey 60 people to find out what flavors they like. Here are the results of the survey:
1.) work out the quantities you need to buy and their costs.
2.) how much profit do you expect T. To make on the day?

Quantities and Costs
You need to buy 300 ice creams. Each tub of ice cream costs $2, and you can fill ten cones from each tub. So, you will need to buy 30 tubs of ice cream, which will cost 30 x $2 = $60.
To fill each cone, you need an empty cone that costs 5¢. Since you plan to sell 300 cones, you will need to buy 300 x 5¢ = $15 worth of empty cones.
Therefore, the total cost of ice cream and empty cones will be $60 + $15 = $75.
Profit
You plan to sell each cone for 80¢. If you sell all 300 cones, your total revenue will be 300 x 80¢ = $240.
To calculate the profit, subtract the total cost from the total revenue: $240 - $75 = $165.
Answer:
You need to buy 30 tubs of ice cream for a cost of $60 and $15 worth of empty cones. You expect to make a profit of $165 on the day.

Answered by JohnEvergreen | 2024-06-18

You will need to purchase 30 tubs of ice cream costing $60 and cones costing $15, totaling $75 in costs. If you sell all 300 cones for a total revenue of $240, you can expect a profit of $165. This makes the ice cream venture a profitable endeavor for the school sports event.
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Answered by JohnEvergreen | 2024-10-02