Question

3) Every year, Lizzie's school buys agenda books for students. sold in the school store. This year, the school purchased 350 books at a cost of $ 1,137.50. If the school wanted to make a profit of $ 1,500 to help

Answer 1

Ana, this is the solution to the problem:

• Price of the books = $ 1,137.50

,

• Number of books = 350

,

• Pricer per book = 1,137.50/350 = 3.25

,

• Profit = $ 1,500

,

• Profit per book = $ 4.29

In consequence, the price of sell of each book should be:

• Price of sell = Cost + Profit

,

• Price of sell = 3.25 + 4.29

,

• Price of sell = $ 7.54