Calculating Profit Per Arrangement at Karman's Floral Shop

24 Oct 2023

Question:

Based on the information that you have read about Karman's Floral Shop, what is the shop's profit per arrangement?

The profit per arrangement at Karman's Floral Shop is $15.00.

Step 1: Determine the cost of production for one floral arrangement which is $10.00.

Step 2: Identify the selling price per arrangement which is $25.00.

Step 3: Calculate the profit per arrangement using the formula:

Profit per arrangement = Selling price - Cost of production

Substitute the values into the formula:

Profit per arrangement = $25.00 - $10.00 = $15.00

Therefore, the shop's profit per arrangement as per the given data is equal to $15.00.