Sagot :
Mrs. Johnson, the student council supervisor, has a $100.00 order for the french fries.They need to sell 29 French fry basket in order to pay for the order;
Cost of each French fries basket = $3.50;
Total order for French fries = $100;
Let the number of baskets be 'x';
According to question;
3.50 × x = 100
x = 28.6 ≅ 29
They need to sell 29 French fry basket in order to pay for the order;
The cost price formula, which is also known as CP, is used to determine an item's true price. In other terms, it is the cost of each commodity that we buy. The selling price establishes profitability with the aid of the cost price. As a result, you make a profit if the initial value is less than the selling price, and we lose money if the original value is more than the selling price.
The cost price is the sum of money used to create products or services before any profit is added for the manufacturer or provider. Other names for it include latest cost, average cost, and real cost. The extra costs associated with production, real estate, materials, electricity, R&D, testing, worker salary, and other expenses are all included in the cost price. The cost price and the selling price of any thing are always used to determine profit and loss.
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