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

$500
$500

$100
$100

$475
$475

$950

Answer 1

To estimate the total potential revenue from popcorn sales, let's first determine how many servings can be made from the 19,717 grams of popcorn kernels.

1. Calculate the number of servings: \[ \text{Number of servings} = \frac{\text{Total grams of popcorn}}{\text{Grams per serving}} = \frac{19,717 \text{ grams}}{196 \text{ grams/serving}} \approx 100.09 \] Since we can’t sell a fraction of a serving, we round down to 100 servings.

2. Calculate the total revenue: \[ \text{Total revenue} = \text{Number of servings} \times \text{Price per serving} = 100 \text{ servings} \times 5 \text{ dollars/serving} = 500 \text{ dollars} \]

Therefore, if they sell all the popcorn, the carnival will make approximately $500 in potential revenue.

So the answer is: $500.