Question

softball team's candy bar sale. Number of Candy Bars Which is closest to the minimum number of candy bars that must be sold to make a $400 profit?

Answer 1

To find the minimum number of candy bars that must be sold to make a $400 profit, we need to consider the profit per candy bar. Given that we want a profit of $400, the minimum number of candy bars that must be sold to make this profit depends on the profit per candy bar.

Step-by-step explanation:

To find the minimum number of candy bars that must be sold to make a $400 profit, we need to consider the profit per candy bar. Let's assume the profit per candy bar is 'p'.

We know that profit is equal to the revenue (number of candy bars sold) multiplied by the profit per candy bar:

Profit = Revenue x p

Given that we want a profit of $400, we can write:

400 = Revenue x p

If we assume the profit per candy bar is $1, the minimum number of candy bars that must be sold to make a $400 profit is 400 candy bars. However, if the profit per candy bar is less than $1, more candy bars will need to be sold.

Answer 2

The minimum number of candy bars that must be sold to make a $400 profit is approximately 444 bars.

Step-by-step explanation:

In order to determine the minimum number of candy bars needed to make a $400 profit, we can set up an equation based on the profit made per candy bar. Let x represent the number of candy bars sold. Given that the profit per candy bar is $0.90, the equation for the profit P can be expressed as P = 0.90x .

To find the minimum number of candy bars needed to make a $400 profit, we set up the equation 0.90x = 400 . Solving for x we divide both sides of the equation by 0.90:

`\[ x = (400)/(0.90) \]`

Calculating this expression gives us
`\( x \approx 444.44 \)`. Since the number of candy bars must be a whole number, we round up to the nearest whole number, resulting in approximately 444 candy bars.

Therefore, to make a $400 profit, the softball team should aim to sell at least 444 candy bars. This ensures that the revenue generated from the candy bar sales, at $0.90 profit per bar, surpasses the targeted profit amount. Keep in mind that this is the minimum number, and selling more candy bars will contribute to a higher profit for the team.