Unit 4 Portfolio Part 1
You want to start a bakery business to earn money. The total amount of money you will invest is $10,000. You will be selling cakes. It will cost you $14 to make each cake. c)
You plan to sell each cake for $50. Write an equation that represents your total earnings, T, based on the price of your cake and how many you sell. Let x represent the number of cakes you sell.
* Use T and x as your variables
The equation that represents your total earnings, T, based on the price of your cake and how many you sell is:
T = 50x - 14x
Or simplifying:
T = (50 - 14)x
Thus, the equation is T = 36x.
The equation that represents your total earnings, T, based on the price of your cake and how many you sell can be written as:
T = 50x
Here, T represents the total earnings and x represents the number of cakes you sell.
To write an equation that represents your total earnings, T, based on the price of your cake and how many you sell, you can use the formula:
T = (Price per cake) x (Number of cakes sold)
In this case, the price per cake is $50 and the number of cakes sold is represented by x. Therefore, the equation would be:
T = 50x
T represents your total earnings, and x represents the number of cakes you sell.