The students at Midtown Middle school sold flowers as a fundraiser in September and October. In October, they charged $1.50 for each flower. The October price was a 20% increase of the September price. Part A What was the price of the flowers in September?
Answers
Answer:
Part A) $1.25
Part B) September, $30
Explanation
Part A)
Let x be the amount the flowers sold for in September. Since the October selling price is a 20% increase, this is 0.20x. We add this to x, the price of September, since it is an increase:
x+0.2x
This is equal to October's selling price, 1.50:
x+0.2x = 1.50
Combine like terms:
1.20x = 1.50
Divide both sides by 1.20:
1.20x/1.20 = 1.50/1.20
x = 1.25
This means the flowers sold for $1.25 in September.
Part B)
We first find out how much money they collected from selling flowers in September. The September selling price was $1.25, and they sold 900:
1.25(900) = 1125
They earn 40% of this:
0.40(1125) = $450
They earn $450 in September.
The October selling price was $1.50, and they sold 700 flowers:
1.50(700) = 1050
They earn 40% of this:
0.40(1050) = 420
They earn $420 in October.
This means they earn more money in September, and they earned 450-420 = $30 more.
Answer:
$ 1.25
Step-by-step explanation:
1.5/1.2= 1.25 will be the price of flower in the month of September.