Ask your own question, for FREE!
Algebra 17 Online
OpenStudy (anonymous):

1.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.

OpenStudy (mertsj):

How much are they going to charge for each flower?

OpenStudy (anonymous):

50 cent

OpenStudy (mertsj):

50 cents is what they have to pay for the flowers. How are they going to make any money if they sell them for the same price they pay?

OpenStudy (mertsj):

If you bought a CD for $10 and sold it to me for $10 would you make any money?

OpenStudy (anonymous):

O no okay 50 plus 40% 70

OpenStudy (mertsj):

How much is that?

OpenStudy (anonymous):

70 cent

OpenStudy (mertsj):

So how much will they make on each flower they sell?

OpenStudy (anonymous):

20 cent

OpenStudy (mertsj):

so on x flowers they will make .20x dollars.

OpenStudy (mertsj):

And they want their total profit to be $500

OpenStudy (anonymous):

so x=2500

OpenStudy (mertsj):

Excellent!!! Wow. That is a lot of flowers they have to sell. Maybe they should charge 50 cents + 50%

OpenStudy (anonymous):

Haha maybe they will have a rush of people that need flowers all the sudden haha thank you a lot haha

OpenStudy (mertsj):

For their sake, we hope so. You're welcome.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!