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Sara makes and sells bracelets. She bought material for $28. 50 and used it all to make 15 bracelets. Sara used the equation 15 x minus 28. 50 = 99 to determine x, the amount she should charge for each bracelet to make a profit of $99. How much should each bracelet cost? $4. 70 $6. 60 $8. 50 $13. 75.

Respuesta :

Selling is considered as to provide an item or goods in exchange for cash to the purchaser by the supplier or manufacturer. Sales are done to make a profit over the items manufactured or produced.

How much should each bracelet cost?

Correct option is C.

Given Information:

  • Purchase price=$28.50
  • No. of bracelets=15
  • Profit=99

Solution:

Let x be the price at which Sara sells each bracelet to make a profit of $99.

Total sale done=Number of bracelets sold* sale price of each bracelet

Total sale done=15*x...…(1)

Also,

Total sale price=Total cost+ Total profit

Total sale price=$28.50+$99.....(2)

Equating (1) and (2):

=$28.50+99=15x

=X=127.5/15

=X=$8.50

Therefore, the cost of each bracelet is =$8.50

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