Question

Compute the selling price of a sports drink that has a cost of $1.25 per item. The store needs to generate a profit of $0.50 per item.

Answer 1

The selling price would be
`\$1.75`.

Explanation:

We have been given that a sports drink has a cost of $1.25.

We need to figure out the selling price of the sports drink so that the store is able to generate a profit of $0.50 per drink.

We know that profit is found by subtracting the cost of an item from selling price of the item. Therefore, selling price of the item can be found by adding the profit to the cost.

Therefore, the required selling price of the sports drink would be:

`\$1.25+\$0.50=\$1.75`