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)

Responses

$950
$950

$475
$475

$500
$500

$100

1 answer

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: \[ \text{Number of servings} = \frac{\text{Total grams of popcorn}}{\text{Grams per serving}} = \frac{19,717 \text{ grams}}{196 \text{ grams/serving}} \] \[ \text{Number of servings} \approx 100.1 \] Since you can't sell a fraction of a serving, we round down to 100 servings.

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

The carnival would make approximately $500 in potential revenue from selling all the popcorn.

The correct response is $500.