Question

I really need help.
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 a profit of $500. Use complete sentences to explain what each number and variable in your equation represents. Write your solution in the context of the original problem.

Answer 1

What is unknown in this Question? I mean tell me what do you have to find out in the question?

Answer 2

I need to figure out how to set up the equation.

Answer 3

I understood that...........I am asking you which quantity do you have to find in the question...........read the question and tell me

Answer 4

How many flowers they need to sell to make $500 @atlas

Answer 5

right and since you don't know this -(how many flowers to make $500) - we will assume that they sell x flowers and make $500. Are you ok with this

Answer 6

yes

Answer 7

ok now read the questions assuming that they have sold x flowers and have already made $500

Answer 8

what is cost price of each flower?

Answer 9

It said above their selling it for the purchase price (0.50) Plus 40% witch equals 0.07.
So I would assume 7 dollars ?

Answer 10

each flower costs 0.50 and they sell at 40% profit which means they sell the flower at
0.50 + (40/100) *0.50 right??
what do you get??

Answer 11

check your calculation ..........you did something wrong

Answer 12

I did.
0.50 + 40% =0.7 Thats how it appeared on the calculator. I didn't format it the correct way though..

Answer 13

ok good...........so each flower sells at 0.7 and is bought at 0.5.............so how much does the service club make on 1 flower

Answer 14

I just got 0.9
So I'm thinking each flower sells at 0.9 and is bought at 0.5.
So the service club would make 0.4 ?

Answer 15

each flower sells at 0.7 NOT 0.9 :P

Answer 16

you have to do 40% of 0.5

Answer 17

I did (40/0.5) = 80

Answer 18

Did I do it the correct way?

Answer 19

no...................40% means 40 out of 100
we write it this way
40/100
The question says that they set the sale price of each flower at 40% of buying price (0.5)
So....40% of 0.5
or, (40/100) of 0.5

Answer 20

can you do this and tell me?

Answer 21

0.2

Answer 22

yup...........so how much profit does the club make on one flower

Answer 23

20 cents.