Question

Each snack at the concession stand is priced at $4.00. All of the snacks cost a total of $86.56. How many snacks will need to be sold in order to make a minimum profit of $100

Answer 1

The number of units to sell is 112.

Explanation:

Giving the following information:

Selling price= $4

Total cost= $86.56

Desired profit= $100

To calculate the number of units to be sold to reach the objective, we need to use the following formula:

Desired profit= number of units*selling price - total cost

100= number of units*4 - 86.56

25= number of units - 86.56

111.56=number of units

The number of units to sell is 112.