Question

Lee is making muffins to sell at the bake sale. It costs him $1.25 for the ingredients. He charges customers 300% of the amount it costs him to make them. What is the price of a muffin at the bake sale?

1) $1.25
2) $3.75
3) $4.00
4) $5.00

Answer 1

The price of a muffin at the bake sale, where Lee charges 300% of the production cost ($1.25), is $3.75.

Step-by-step explanation:

Lee is making muffins and charges customers 300% of the cost of ingredients to make them. If the ingredients cost him $1.25, to find the sale price of a muffin, you would calculate 300% of $1.25. This is equivalent to multiplying $1.25 by 3 (since 300% is three times the amount).

So, $1.25 × 3 = $3.75. Therefore, the price of a muffin at the bake sale would be $3.75.

To find the price of a muffin at the bake sale, we need to calculate 300% of the cost of the ingredients. The cost of the ingredients is $1.25. To calculate 300% of $1.25, we multiply $1.25 by 3, which equals $3.75. Therefore, the price of a muffin at the bake sale is $3.75.