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Let's represent the number of pizza slices sold as p and the number of cans of soda sold as s.
1. Equation to represent the total number of items sold: p + s = 200
Let's represent the profit made from selling pizza slices as $3p and the profit made from selling cans of soda as $2s.
2. Equation to represent the total profit: 3p + 2s = 550