Question

Marcia sells bracelets. She sells each one for $1.50. This year she spent $32.76 on supplies. At the end of the year, she made $292.74 in profit. Write an equation to represent this situation.

Answer 1

$1.5b - $32.76 = $292.74

Explanation:

Profit = total revenue - total cost

total revenue = price per unit x total unit of bracelet sold

total revenue = $1.50 x b = $1.50b

b = total units of bracelets sold

total cost = $32.76

$1.5b - $32.76 = $292.74