Question

The art club spent $45 on supplies for valentines to sell during lunches. They made 60 valentines. What selling price for a valentine would result in a profit of zero if all the valentines are sold?
$0.60
$0.75
$1.00
$1.33

Answer 1

To determine the selling price per valentine that would result in a profit of zero, we start by calculating the total cost of supplies and then dividing it by the number of valentines.

The art club spent $45 on supplies and made 60 valentines. The selling price (P) that would result in a profit of zero can be found by setting the total revenue equal to the total cost.

1. **Total Cost**: $45
2. **Number of Valentines**: 60

To break even (zero profit), the total revenue (selling price per valentine multiplied by the number of valentines) must equal the total cost:

\[
\text{Total Revenue} = \text{Number of Valentines} \times \text{Selling Price}
\]

Setting this equal to the total cost:

\[
60 \times P = 45
\]

Now, solving for P:

\[
P = \frac{45}{60} = 0.75
\]

Thus, the selling price per valentine that would result in a profit of zero is **$0.75**.