A carnival wants to estimate its total potential revenue on popcorn sales. They have 19,717 grams of popcorn kernels, and each serving uses 196 grams. Each serving sells for $5. If they sell all the popcorn, approximately how much potential revenue will the carnival make?(1 point)

Question

Responses

$475
$475

$100
$100

$500
$500

$950..

Answer 1

To calculate the total potential revenue from popcorn sales, we first need to determine how many servings can be made from the available popcorn kernels.

1. Calculate the number of servings: $$\text{Number of servings}=\frac{\text{Total grams of popcorn}}{\text{Grams per serving}}=\frac{19,717\text{ grams}}{196\text{ grams/serving}}\approx 100.1$$ Since we cannot sell a fraction of a serving, we round down to 100 servings.

2. Calculate total potential revenue: $$\text{Total Potential Revenue}=\text{Number of servings}\times \text{Price per serving}=100\times 5=500$$

Therefore, the carnival can potentially make approximately $500 in revenue from popcorn sales.

The correct response is $500.