Question

Each leader Lizzies score of purchase student agenda books which are so in the school bus this year the school purchase 350 bucks at a cost of $1137 and 50 Cent if the school would like to make a profit of 1000 and $500 to help pay for field trips in school activities what is the least amount they could charge for each agenda book explain how you found your answer

Answers

  1. The least amount they could charge for each agenda book is $8

    How to determine the least amount they could charge?

    Represent the selling price of each book with x.
    So, the total selling price of the 350 books is:
    Total = 350x
    The school wants to make a profit of $1500.
    So, the total revenue is
    Revenue = $1137.50 + $1500
    Evaluate
    Revenue = $2637.5
    The least amount they could charge is calculated as:
    350x = $2637.5
    Divide both sides by 350
    x = $2637.5/350
    Evaluate
    x = $7.535
    Approximate
    x = $8
    Hence, the least amount they could charge for each agenda book is $8
    Read more about equations at:
    #SPJ1
    Complete question
    Each year Lizzie’s school purchases student agenda books, which are sold in the school store. This year, the school purchased 350 books at a cost of $1,137.50. If the school would like to make a profit of $1,500 to help pay for field trips and school activities, what is the least amount they can charge for each agenda book? Explain how you found your answer

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