Question

I. Angelica’s service club is selling flowers for a fundraiser. Each flower costs them $0.50 to purchase. They set the sale price of each flower at the purchase price plus 40%. Write and solve an equation to determine how many flowers they will need to sell to make profit of $500. Use complete sentences to explain what each number ad variable in your equation represents. Write your solution in the context of the original problem.

Answer 1

so they sell a flower at 140% from the original price that would be
0.50$......100%
x$.............140%
x= 0.50*140/100=0.70$ a flower
to make 500$ you shoul sell 500/0.70= 714 flowers

Answer 2

I just want to ask @mihai why did you put 140% ? And thanks for answering.

Answer 3

because they sell a flower at its original 0.50$ price plus 40% from that, meaning 100%+40%

Answer 4

@kewlgeek555
P = the profit they make
n = the number of flowers they sell
m = the mark-up of the flowers
c = the cost of a flower

Then

P = mcn - cn

Rearrange to find n

P = n(mc - c)

n = P / (mc - c)

Substituting values

n = 500 / (1.4*0.5 - 0.5)

n = 2500

They must sell 2500 flowers to make a profit of $500.

Answer 5

Thanks.

Answer 6

I think that's the actual answer for the problem

Answer 7

ok i am having trouble understanding. i need help with the same question. i get the other stuff, i just dint understand how to set te problem up.

Answer 8

@ashlee18

Answer 9

@ashlee18 PM me.

Answer 10

@kewlgeek555 can you delete this please

Answer 11

Uh...it's closed?

Answer 12

did you get it right on the assignment?? @kewlgeek555