Question

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

HELP

Answer 2

Keep in mind that Profit = Revenue - Total Costs.
The club has to purchase flowers, and the unit wholesale price is $0.50/flower. How much would it cost the club to purchase n flowers? That be Total Costs.

By how much does the club "mark up" these flowers? What will the selling price be after this mark up takes effect?

What would the Revenue be if n flowers are sold?

Again:

Profit = Revenue - (Total costs).

Answer 3

$500

Answer 4

right?

Answer 5

http://openstudy.com/study#/updates/521bbe60e4b0750826dfd497

Your answer is here! :D *cough up the medal* Lmao

Answer 6

I still dont get it

Answer 7

Dude, he described it perfictly

Answer 8

But it still seems confusing.. could you go through each step with me? Please

Answer 9

If I had the time, I would, but I am busy on school, just read it carefully over and over

Answer 10

:(

Answer 11

It costs them .50 cents for each flower
they sell the flower for the purchase price + 40%...
.50 + .40(50) = .50 + .20 = .70
so they sell the flowers for .70 cents.
If they buy the flower for .50, and then sell them for .70, they make .20 cents profit off of each flower. They want to make a $500 profit.
.20x = 500 -- divide by .20
x = 500/.20
x = 2500

Answer 12

x represents the number of flowers they need to sell

Answer 13

do you understand ?

Answer 14

oooh ok thank you so much!

Answer 15

no problem :)