The SGA makes a profit of $126.00 selling bags of popcorn. If their expenses were $22.50, how many $1.50 bags of popcorn did they sell?

1 Answer
Sep 23, 2016

Number of popcorn bags sold is #99#

Explanation:

SGA's expenses were #$22.50#

SGA's profit was #$126.00#

Hence, its total sales were #$126.00+$22.50=$148.50#.

As each bag was sold for #$1.50#,

Number of popcorn bags sold is #148.50/1.50#

= #14850/150=1485/15=(5xx297)/(5xx3)#

= #297/3=(3xx99)/(3xx1)=99#