4400 Higher November 2006 Paper 3 Q3

3

Andrea’s Café Delicious cakes Only $4.00 each

Andrea buys 100 cakes to sell in her café.
She pays $1.80 for each cake.
On Monday she sells 60 cakes.
She sells these cakes for $4.00 each.
On Tuesday she reduces the price of each cake by \(\dfrac{1}{5}\)
She sells 35 cakes at this reduced price.
Andrea then gives away the 5 unsold cakes.
Calculate the total profit that Andrea makes on the cakes.

(6)