Question

The cost per purse is $17 each to make, and she sells them for $35 each. This Saturday, she is renting a booth at a craft fair for $75. Write an equation that can be used to find the number of purses lulu must sale to make a profit of $350 at the fair

Answer 1

T = Total income

N = Number of purses

35N = the selling price of each purse

17N = Cost of each purse

T = 35*N - 17*N - 75

T = 18N - 75

If she wants here total income to be 350 dollars, it will take

T = 350 ; N = unknown.

350 = 18N - 75 Add 75 to both sides.

350 + 75 = 18N

425 = 18N

Rounded N = 24 <<<< Answer. The actually number is 23.611 but you can't sell 0.611 of a purse.