Each year the school purchases agendas, this year the school sold 350 agendas at the cost of $1.137.50. If the school wants a profit of $1.500, what is

the least amount they can charge for each agenda? Explain how you found your answer.

Question

Mathematics

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3 April, 07:07

Each year the school purchases agendas, this year the school sold 350 agendas at the cost of $1.137.50. If the school wants a profit of $1.500, what is

the least amount they can charge for each agenda? Explain how you found your answer.

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Answers (1)

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Alfonso Stuart · Answer 1

If they sell the same amount next year and want to reach $1,500, they must higher the price. to do that, they can divide the $1500 by the number of agendas. Do the math yourself, its not very hard.

Each year the school purchases agendas, this year the school sold 350 agendas at the cost of $1.137.50. If the school wants a profit of $1.500, what isthe least amount they can charge for each agenda? Explain how you found your answer.

Each year the school purchases agendas, this year the school sold 350 agendas at the cost of $1.137.50. If the school wants a profit of $1.500, what is

the least amount they can charge for each agenda? Explain how you found your answer.