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Question
a soccer team made $575.75 from selling popcorn at a concession stand during a tournament. the popcorn cost the team $65.00. what is the amount of money earned for each player if the profit is divided equally among the 15 players? round to the nearest cent.
$34.05
$42.72
$7,661.25
$9,611.25
Step1: Calculate total profit
Total profit = Revenue - Cost = $575.75 - $55.00 = $520.75
Step2: Divide profit by number of players
Profit per player = $\frac{520.75}{15} \approx 34.05$
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$34.05