Question

Jason makes and sells jewelry. He made 20 necklaces, 40 bracelets, and 5 rings. He sold all the necklaces and rings and almost all the bracelets. If the necklaces sell for $15 each, the bracelets sell for $10 each, and the rings sell for $12.50 each, determine the total amount Jason earned with a reasonable level of accuracy.

Answer 1

20($15) + 5($12.50) + 35($10) =

$300 + $62.50 + $350 = $712.50

Answer 2

To calculate the total earnings, multiply the number of each type of jewelry sold by their prices and add the results together. For necklaces and rings, it's straightforward, but since Jason sold almost all the bracelets and not exactly all, the total is at least $762.50, minus the revenue from any unsold bracelets.

Step-by-step explanation:

We are tasked with calculating the total amount Jason earned from selling his handmade jewelry. To find this, we need to multiply the number of each type of jewelry he sold by their respective selling prices and then sum these amounts.

• For necklaces: 20 necklaces × $15 each = $300
• For bracelets: Assuming he sold all 40 bracelets, 40 × $10 each = $400
• For rings: 5 rings × $12.50 each = $62.50

Total earnings from jewelry sales=
$300 + $400 + $62.50 = $762.50. However, the question states that Jason sold almost all the bracelets, which implies he may have sold less than 40. Since we don't know the exact number of bracelets sold, we cannot determine an exact total, but we can say that he earned at least $762.50 minus the revenue from the bracelets that were not sold.