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
The equation that represents your total earnings, T, based on the price of your cake and the number of cakes 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, we need to consider the price of each cake and the number of cakes you sell.
Let's start by defining the variables:
T represents your total earnings.
x represents the number of cakes you sell.
Since you plan to sell each cake for $50, the earnings from selling x cakes will be $50 multiplied by x, which can be represented as 50x.
Therefore, the equation that represents your total earnings (T) based on the price of your cake and how many you sell (x) is:
T = 50x