SOLUTION: Your school's band is making posters to raise money.The printer charges $2.00 per poster.At the school fair, you rent a booth for $30.00 and you sell each poster for $5.00.How many

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Question 57229: Your school's band is making posters to raise money.The printer charges $2.00 per poster.At the school fair, you rent a booth for $30.00 and you sell each poster for $5.00.How many posters must you have printed and then sell to make a profit of $300.00?.
Answer by rcmcc(152) About Me  (Show Source):
You can put this solution on YOUR website!
to solve this problem you must calculate the total amount of expenses. Then you have to calculate the amount of profit you have to make to equal those expenses.
Expenses.
$30.00 for a table at the fair
$300.00 profit to be made.
Total expenses=$330.00
We can ignore the cost to print the posters by factoring out the cost of printing with the sale price.
$5 per poster-$2 printing fee= $3 profit per poster.
Now you take the total expenses and divide them by the profit made on each poster and it will equal the total amount of posters that need to be sold.
$330/$3=110 posters.
you will need to sell 110 posters to make $300 profit over your expenses