Question

A local basketball team is selling chocolate bars for $1 each. The team paid $.57 per bar plus $12.40 shipping. How many chocolate bars must be sold to make a profit of at least $300?

Answer 1

Since they are essentially having to make $300 + the shipping the cost, you can equate it like this:

\[$312.40 = ($1-$0.57)n\]\[n = ?\]