Carole Grand and Bonnie Lamore run a shuttle service from Western Illinois to the busy Chicago O'Hare airport. Last month, they recorded the following: Carole and Bonnie's gross profit for the past month was:
A) $682.00
B) Carole: $341.00; Bonnie: $341.00
C) $1250.00
D) $2750.00

Question

Carole Grand and Bonnie Lamore run a shuttle service from Western Illinois to the busy Chicago O'Hare airport. Last month, they recorded the following:  Carole and Bonnie's gross profit for the past month was:
A) $682.00 
B) Carole: $341.00; Bonnie: $341.00 
C) $1250.00 
D) $2750.00

Quizplus · Accepted Answer

To calculate the gross profit, we need to subtract the total expenses (gas, maintenance, etc.) from the total revenue earned. Adding up the revenue from all the trips ($3,350) and subtracting the total expenses ($2,100) gives us a gross profit of $1,250.

Carole Grand and Bonnie Lamore Run a Shuttle Service from Western