Question

A jewelry artist is selling necklaces at an art fair. It costs $200 to rent a booth at the fair. The cost of materials for each necklace is $4.50. The artist is selling the necklaces at $20 each. The jewelry artist wants to make at least a profit of $300. Write an inequality that represents the situation. Make sure to write down the given information from the problem and represent your variables. Show all of your work. B). Find a possible solution for the inequality. Show all of your work and check your answer to make sure that it makes the inequality true.

Answer 1

32.25 necklaces

Explanation:

Given that the expected profit upon deduction of booth rent and material cost is at least $300

Given

let the number of necklaces be x

booth rent= $200

The cost of materials for the necklaces = $4.5x

the selling price for all the necklaces =$20x

total expenses= booth rent+cost of material = 200+4.5x

profit = selling price -total expenses

20x-300>200+4.5x+

B. the possible solution is the value of x i.e the number of necklaces to

be sold to make a profit of $300

20x-300>200+4.5x

20x-4.5x=200+300

15.5x=500

x=500/15.5

x=32.25

The Jewelry artist must have to sell a total of approximately 32.25 necklaces