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

Question

Mathematics

Isiah

26 October, 14:48

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

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Leonard Haynes · Answer 1

Let: P (f) = Profit from the flowers

f = number of flowers sold

1.4 = 140% markup of the flower

0.50 = cost to buy each flower

P (f) = 1.4 (0.50f) - 0.50f

Solving for f:

500 = 1.4 (0.50f) - 0.50f

f = 2500

Therefore, they should sell 2500 flowers to have a profit of $500.