concessions math quiz\nquestion 1 of 10: if a concession stand received $5,550 in gameday sales, and its…

concessions math quiz\nquestion 1 of 10: if a concession stand received $5,550 in gameday sales, and its profit for the event was $3,330, what were the expenses?\n a) $2,220\n b) $4,350\n c) $6,250\n d) $8,880

concessions math quiz\nquestion 1 of 10: if a concession stand received $5,550 in gameday sales, and its profit for the event was $3,330, what were the expenses?\n a) $2,220\n b) $4,350\n c) $6,250\n d) $8,880

Answer

Explanation:

Step1: Recall profit - expense formula

Profit = Sales - Expenses. So, Expenses = Sales - Profit.

Step2: Substitute given values

Sales = $5550, Profit = $3330. Expenses = $5550 - $3330.

Step3: Calculate the result

$5550−3330 = 2220$.

Answer:

A. $2,220