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21 July, 19:10

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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  1. 21 July, 19:27
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    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.
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