Question

Holly and Ethan decide to sell some of their books at a flea market. The booth rental costs $15, and they will sell each book for $1.50.

How many books will Holly and Ethan need to sell to make a profit of exactly $30?

Answer 1

Holly and Ethan will need to sell 10 books to make a profit of exactly $30.

Step-by-step explanation:

To calculate the number of books Holly and Ethan need to sell to make a profit of exactly $30, we need to consider the booth rental cost and the selling price of each book.

The booth rental cost is $15, which needs to be covered before making any profit.

Therefore, we subtract this cost from the desired profit, $30, to get $30 - $15 = $15.

Next, we divide the remaining profit by the selling price of each book, $1.50, to get the number of books needed to sell.

In this case, $15 / $1.50 = 10 books.

Therefore, Holly and Ethan will need to sell 10 books to make a profit of exactly $30.