. 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.
Let's use the variable "p" to represent the price of each item and "q" to represent the quantity of items sold.
The equation that represents your total earnings based on the price and quantity sold would be:
Total earnings = p*q
To write an equation that represents your total earnings based on the price of your item and how many you sell, you can use the formula:
Total Earnings = Price per Item * Number of Items Sold
Let's break it down:
1. Price per Item: This represents the amount of money you charge for each item you sell. Let's say you decide to charge $10 per item, so you would substitute this value in the equation as the "Price per Item".
2. Number of Items Sold: This is the quantity of items you sell. Let's say you sell 100 items, so you would substitute this value in the equation as the "Number of Items Sold".
Using these values, your equation would be:
Total Earnings = $10 * 100
Simplifying the equation, you would get:
Total Earnings = $1,000
Therefore, if you charge $10 per item and sell 100 items, your total earnings would be $1,000.
To write an equation that represents your total earnings based on the price of your item and how many you sell, you can use the following formula:
Total earnings = Price per item x Quantity sold
In this equation, "Price per item" represents the price you charge for each item, and "Quantity sold" represents the number of items you sell. By multiplying these two values, you can calculate the total earnings.