Each leader Lizzies score of purchase student agenda books which are so in the school bus this year the school purchase 350 bucks at a cost of $1137 and 50 Cent if the school would like to make a profit of 1000 and $500 to help pay for field trips in school activities what is the least amount they could charge for each agenda book explain how you found your answer

Respuesta :

The least amount they could charge for each agenda book is $8

How to determine the least amount they could charge?

Represent the selling price of each book with x.

So, the total selling price of the 350 books is:

Total = 350x

The school wants to make a profit of $1500.

So, the total revenue is

Revenue = $1137.50 + $1500

Evaluate

Revenue = $2637.5

The least amount they could charge is calculated as:

350x = $2637.5

Divide both sides by 350

x = $2637.5/350

Evaluate

x = $7.535

Approximate

x = $8

Hence, the least amount they could charge for each agenda book is $8

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https://brainly.com/question/2972832

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Complete question

Each year Lizzie’s school purchases student agenda books, which are sold in the school store. This year, the school purchased 350 books at a cost of $1,137.50. If the school would like to make a profit of $1,500 to help pay for field trips and school activities, what is the least amount they can charge for each agenda book? Explain how you found your answer