Sabid H. answered • 12/26/20
Tutor
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The store wants to create a profit of $525.
For every bag of chips that they sell, they make a profit of $1.50
So for one bag of chips, they make $1.50 and for two bags of chips, they make $3.00
Therefore, there is an x amount of bag of chips where the store makes $525.
To calculate x, we would divide the maximum amount of profit ($525) by the amount of profit from selling one bag of chips ($1.50).
$525 / $1.50 = 350 bags of chips.
Therefore, the store would need to sell 350 bags of chips to profit $525.
Sabid H.
tutor
Ah, good point! I think a better way of looking at this problem is to set up a system of ratios. We know that 1 bag of chips gives the store $1.50 in profit. 2 bags of chips gives the store $3.00 in profit. So, we can set up a system of ratios such as:
1 bag/$1.50 = 2 bags/$3.00 = 3 bags/$4.50 = x bags/$525
To make this simpler, we can just study the ratio of 1 bag with x bags:
1 bag/$1.50 = x bags/$525
Then, we multiply both sides by $525 to isolate and solve for x. Therefore, x = $525/$1.50 = 350 bags of chips.
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12/26/20
Mark M.
You start with multiplication then shift to division without any explanation.12/26/20