Tabitha pays 40 dollars for materials to make earrings. She makes 10 earrings and sells 6 for 5 dollars each and 2 for 2 dollars each. Write a numerical expression to represent this situation and then find whether Tabitha made money or lost money?
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Numerical expression to represent this situation : 41 = 20 + P
Martha's profit is $21
Step-by-step explanation:
Total cost price for earrings for Martha = total money invested in material to make earrings = $20
No. of ear rings made = 10
No. of earrings sold for $5= 7
Total Price for these 7 earrings= $5*7 = $35
No. of earrings sold for $2= 3
Total Price for these 3 earrings= $2*3 = $6
Total price for all of the ten earrings = $35+$6 = $41
We know that
selling price = cost price + profit
Total price for all of the ten earrings = Total cost price for 10 earrings + total profit made on those 10 earrings
let total profit be P
41 = 20 + P
Thus,
P = 41-20 = 21
numerical expression to represent this situation : 41 = 20 + P
Thus, Martha's profit is $21
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