The drama club sold shirts and caps to raise money for the new stage equipment the club sold each shirt for $20. The club made a profit of $4 for each shirt sold. The drama club sold a total of $480 worth of shirts. How much profit did the club make from the shirt sales? Show or explain all your work.
They sold $480 of tshirts, the ratio is 480;20, simplified to 24:1.
One shirt is $20, but $4 is the amount taken from 20 for the equipment.
Multiply $24 by the $4 taken for the equipment. (Equals $96)
They make 4/20 (1/5) of the the sales as a profit for equipment.
Multiply 1/5 by 480 and you will get $96 as the club's profits.
I hope this helped ya chirren
well, they sold 480/20 = 24 shirts, so 24*4 = $96
or,
they make 4/20 = 1/5 of the sales as profit
1/5 * 480 = $96
Thanks!
They sold $480 of tshirts, the ratio is 480;20, simplified to 24:1.
One shirt is $20, but $4 is the amount taken from 20 for the equipment.
Multiply $24 by the $4 taken for the equipment. (Equals $96)
They make 4/20 (1/5) of the the sales as a profit for equipment.
Multiply 1/5 by 480 and you will get $96 as the club's profits.
To find the profit made from the shirt sales, we need to determine the number of shirts sold and then multiply it by the profit made per shirt.
Let's start by determining the number of shirts sold. We know that the club sold a total of $480 worth of shirts, and each shirt was sold for $20. So, we can divide the total sales ($480) by the price per shirt ($20) to find the number of shirts sold:
Number of shirts sold = Total sales / Price per shirt
Number of shirts sold = $480 / $20 = 24 shirts
Now that we know the number of shirts sold is 24, we can calculate the profit made from each shirt. We are given that the club made a profit of $4 for each shirt sold.
Profit per shirt = $4
To find the total profit made from the shirt sales, we multiply the profit per shirt ($4) by the number of shirts sold (24):
Total profit = Profit per shirt x Number of shirts sold
Total profit = $4 x 24 = $96
Therefore, the club made a total profit of $96 from the shirt sales.