Question

You are having a bake sale to raise money for your athletic team to buy t-shirts. Someone donated $10 and you plan on selling cakes to raise the rest of the money. If you buy the cakes for $2 each and sell them for $10 each, how many do you need to sell to reach your goal of $100? (BRAINLIEST)

Answer 1

Answer:

Selling 12 cakes will result in $96 in income

Step-by-step explanation:

If the cost of the cakes is $2 and they sell for $10 each, then the profit is ($10 - $2)/cake, or ($8/cake).  Then:

$10 + ($8/cake)c = $100, where c is the number of cakes that must be sold to reach that $100 goal.

                                                                            $90

This simplifies to ($8/cake)c = $90, or c = ------------------- = 11.25 cakes

                                                                          ($8/cake)

Assuming that only whole cakes are sold, we round up this 11.25 cakes to the nearest integer:  C = 12 cakes.

Selling 12 cakes will result in $96 in income.  Only $90 is needed to reach the $100 goal, so we'll have a $6 surplus.