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 denote the price of each item as P and the quantity of items sold as Q.
The total earnings (E) can be calculated by multiplying the price per item by the quantity sold. Therefore, the equation that represents your total earnings can be written as:
E = 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 down the equation:
- "Price per item" represents the amount of money you charge for each item.
- "Number of items sold" represents the quantity of items that you successfully sell.
By multiplying the price per item by the number of items sold, you will get the total earnings from selling those items.
For example, if you charge $10 per item and sell 100 items, the equation would be:
Total Earnings = $10 * 100
= $1000
Therefore, your total earnings would be $1000.
You can adjust the values of "Price per item" and "Number of items sold" in the equation depending on your specific scenario to calculate your total earnings accurately.
To calculate the total earnings based on the price of your item and the quantity sold, you can use the equation:
Total Earnings = Price per Item x Quantity Sold
Let's break down the equation:
- "Price per Item" represents the amount you charge for each individual item.
- "Quantity Sold" refers to the number of items you sell.
By multiplying the price per item by the quantity sold, you can determine your total earnings.