A carnival wants to estimate it's total potential revenue on popcorn sales they have 19,717 G of popcorn kernels and each serving uses 196 G each serving sells for $5 if they sell all the popcorn approximately how much potential Revenue will the carnival make
To find out the total potential revenue, we need to divide the total weight of popcorn kernels by the weight of each serving and then multiply it by the selling price per serving.
Number of servings = Total weight of popcorn kernels / Weight per serving
Number of servings = 19717 G / 196 G = 100.6 servings (approximately)
Total potential revenue = Number of servings × Selling price per serving
Total potential revenue = 100.6 servings × $5 = $503 (approximately)
Therefore, the carnival has the potential to make approximately $503 in revenue from selling all the popcorn.