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Mathematics 18 Online
OpenStudy (anonymous):

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 (anonymous):

could someone please help me

OpenStudy (anonymous):

They set the sale price of each flower at the purchase price plus 40% that means they sell the flower for 0.50 (the purchase price) plus 40% of 0.50 the profit is the 40% of 0.50 can you figure out what 40% of 0.50 is ?

OpenStudy (anonymous):

o.2

OpenStudy (anonymous):

Close, but it's not 0.2, try again

OpenStudy (anonymous):

i keep getting 0.2 on my calculator

OpenStudy (anonymous):

Don't do it on a calculator, do it on a piece of paper. Move the decimal over two places of the 40%, and you will get 0.4

OpenStudy (anonymous):

than multiply that by 0.5 and get 0.2

OpenStudy (anonymous):

Correct

OpenStudy (anonymous):

so to get the sale price you just add 0.5 and 0.2?

OpenStudy (anonymous):

If you sold 2 flowers, the profit would be 0.20 + 0.20 if you sold 3 flowers, the profit would be 0.20 +0.20+0.20 and so on. It is easier to use multiplication: the profit for 3 flowers is 3* 0.20 what is the profit for x flowers (x is some number) ?

OpenStudy (anonymous):

0.20x?

OpenStudy (anonymous):

Yes

OpenStudy (anonymous):

how did you get the 0,20

OpenStudy (anonymous):

o i get it now

OpenStudy (anonymous):

0.2 = 0.20

OpenStudy (anonymous):

so the sale price is0.70 and the profit is0.20 (per flower)

OpenStudy (anonymous):

Yes The profit you get for selling x flowers (x is a number) is Profit = 0.20x or 0.20x = Profit you want the profit to be 500, so you write 0.20 x = 500 now "solve" for x by dividing both sides by 0.20

OpenStudy (anonymous):

x= 2500

OpenStudy (anonymous):

Correct

OpenStudy (anonymous):

so in order to make $500 they have to sell 2500 flowers

OpenStudy (anonymous):

Yes

OpenStudy (anonymous):

thank you so much for your help! you are amazing!

OpenStudy (anonymous):

Your welcome :)

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