In Task 1 you determined how much you will charge for each item. Write an
equation that represents your total earnings based on the price of your item
and how many you sell.
Item price: $15
y = 15x.
y = total earnings,
If I were to sell an item for $15, and let's say I sell x number of items, the equation representing my total earnings would be:
Total Earnings = Item Price x Number of Items Sold
Therefore, if I sell x number of items at a price of $15 each, the equation would be:
Total Earnings = $15 * x
To calculate the total earnings based on the price of your item and how many you sell, you can use the following equation:
Total Earnings = Item Price * Number of Items Sold
Using the given item price of $15:
Total Earnings = $15 * Number of Items Sold
Please note that the Number of Items Sold represents the quantity of items sold.
To write an equation that represents your total earnings based on the price of your item and how many you sell, you need to consider two variables: the price of your item and the quantity sold.
Let's denote the price of your item as "P" and the quantity sold as "Q".
Now, to calculate your total earnings, you would multiply the price of your item by the quantity sold:
Total Earnings = Price of Item * Quantity Sold
Since the price of your item is $15, we can substitute this value into the equation:
Total Earnings = $15 * Quantity Sold
This equation represents your total earnings based on the price of your item and the quantity you sell. To calculate your actual total earnings, you would need to know the specific quantity sold and then substitute it into the equation, multiplying it by $15.