I need to write an inequality with the following information;I have a summer business selling book markers. They cost .75 to make and I'm selling them at $4.00 each. Write an inequality with variables showing earnings with the sale price and the number sold. I'm so confused but I came up with earnings = 4.00x. I don't think that is an inequality. Help please.
I don't see an inequality either. But, since the cost is not zero, you know that
profit < earnings
ggg, please don't spam random characters in the answers section. It makes it messy and has no purpose.
To write an inequality with variables showing earnings, you need to consider the cost to make each bookmark, the selling price, and the number sold.
Let's start by defining some variables:
Let's represent the number of bookmarks sold as 'x'.
The cost to make each bookmark is $0.75.
Now let's consider the earnings:
The selling price of each bookmark is $4.00, so the total earnings from selling 'x' bookmarks would be 4.00 * x, which can be written as 4.00x.
However, this is not an inequality. An inequality is a statement that shows a relationship between two quantities and includes a comparison symbol, such as '>', '<', '≥', or '≤'.
Since you are considering earnings, which is the money made from selling the bookmarks, we need to account for the cost of making them. To make a profit, the earnings must be greater than the costs incurred.
The total cost of making 'x' bookmarks can be calculated by multiplying the cost to make each bookmark ($0.75) by the number of bookmarks sold (x), which gives us 0.75 * x or 0.75x.
To write the inequality, we compare the earnings (4.00x) with the costs (0.75x) using the symbol '>':
4.00x > 0.75x
This inequality states that the earnings from selling 'x' bookmarks must be greater than the costs to make 'x' bookmarks.