Party favors are on sale for $2.40 each. You have $380 to spend on the decorations and gifts, and you have already spent $270 on decorating. Write and solve an inequality to find the number of party favors you can buy.

270 + x is greater than or equal to 380

You have already spent $270, so $380 - $270 = $110

Therefore, your inequality is:

2.40x < 110

x < 45.88 = 45

In most cases, you would usually round up, but for this problem you would round to just 45 party favors, because 46 exceeds your budget.