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

Katie Foster

Mathematics

31 January, 00:42

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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Tucker Newton · 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.