Jamal spends $63.50 on supplies to make some woodworking items. If he sells his items for $7.25 each, how many items does he have to sell to make back his investment and make $50 profit?

Answer:

16 items

Step-by-step explanation:

He spent $63.50 so he has to earn that back by selling items and also make a $50 profit. So you add $63.50+$50 which is 113.50 and then divide that by $7.25 because that is how much each item he sells costs. Once you do that you get 15.6551 but you can’t sell 15.6551 items so you round up to a whole number which gives you the answer that he has to sell 16 items.

Jamal will have to sell 15.65 items to make back his investment and make profit of $50.

Ratio basically compares quantities, that means it show value of one quantity with respect to other quantity.

If a and b are two values, their ratio will be a:b,

Given that,

Amount spends by Jamal on woodworking items = $63.50

Also,

Jamal sells each item for $7.25.

Let Jamal sells n items,

To make profit of $50,

Total selling price of woodworking items = 63.50 + 50 = 113.50

To find the number of items, use ratio property,

n x 7.25 = 113.50

n = 113.50/7.25

n = 15.65

Hence, Jamal will sell 15.65 items to make profit of $50.

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