# Katherine runs her own pizza shop. For each pizza, it costs her \$2.21 for ingredients, \$1.24 for overhead, and \$0.47 for mailing flyers.What is the profit earned by Katherine as a percentage of her...

Katherine runs her own pizza shop. For each pizza, it costs her \$2.21 for ingredients, \$1.24 for overhead, and \$0.47 for mailing flyers.

What is the profit earned by Katherine as a percentage of her costs, if each pizza is sold for \$5.84?

justaguide | College Teacher | (Level 2) Distinguished Educator

Posted on

The total costs to make a pizza are \$2.21 for ingredients, \$1.24 for overhead and \$0.47 for mailing flyers.

Adding the three we get 2.21 + 1.24 + 0.47 = 3.92

The pizza are sold for \$5.84

The profit she makes is \$5.84 - \$3.92 = 1.92

As a percentage of the costs this is (1.92 / 3.92)*100 = 48.97%

The profit made by Katherine as a percentage of the costs is 48.97%

hala718 | High School Teacher | (Level 1) Educator Emeritus

Posted on

First we will calculate the cost for the pizza.

The cost of ingredients = 2.21

mailing fliers = 0.47

Then the total cost of the pizza = 2.21 + 0.47 + 1.24 = 3.92 dollars.

Now we will calculate the profit.

The profit = selling price - cost

Given that the selling price = 5.84

==> The profit = 5.84 - 3.92 = 1.92

Now we will calculate the percentage of the profit = profit/ cost *100%

==> profit percentage = 1.92/ 3.92 * 100% = 48.98%

Then the profit is 48.98%

udonbutterfly | Student, College Freshman | (Level 1) Valedictorian

Posted on

Okay so the cost of producing the product and advertising will be...

\$2.21 + \$1.24 + \$0.47 = \$3.92

Katherine then sales each pizza for \$5.84

Now you would subtract the amount it took the amount it took make the product from the sale price...

\$5.84 - \$3.92 = \$1.92 In dollar amount 1.92 is the dollar amount of profit that she gets for each pizza.

\$1.92 /\$3.92= 0.4898 x 100 = 49%(rounded)  Now in order to get the percentage divide \$1.92 by \$5.84 then multiply by a hundred to get your percentage.