Question

Jerome is planning a fundraiser.

He wants to raise $99 to help plan a
fall party for the kindergarten
classes at his school. He's selling
caramel apples to raise money. It
costs 50¢ to make each caramel
apple. He is selling them for $1.25
each. How many does he need to sell
to raise enough money?

Answer 1

Jerome must sell 132 caramel apples at a profit of 75 cents per apple to raise the $99 required for the fall party.

Step-by-step explanation:

Jerome is trying to raise $99 for a school fundraiser by selling caramel apples. Each caramel apple costs 50¢ to make and is being sold for $1.25. To find out how many apples Jerome needs to sell to raise enough money, we need to calculate the net profit per apple and then determine how many apples must be sold to reach the $99 goal.

The net profit per apple is calculated by subtracting the cost to make each apple (50¢) from the selling price ($1.25). This gives us a net profit of $1.25 - $0.50 = $0.75 per apple. Now, we divide the total amount Jerome wants to raise ($99) by the net profit per apple ($0.75) to find out the total number of apples he needs to sell. $99 ÷ $0.75 = 132 apples.

Therefore, Jerome must sell 132 caramel apples to raise enough money for the fall party.