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

$100
$100

$475
$475

$500
$500

$950

Answer 1

To estimate the total potential revenue from popcorn sales, we can follow these steps:

1. Calculate the number of servings of popcorn: \[ \text{Number of servings} = \frac{\text{Total grams of popcorn kernels}}{\text{Grams per serving}} = \frac{19,717 \text{ grams}}{196 \text{ grams/serving}} \approx 100.09 \] Since they can only sell whole servings, we round it down to 100 servings.

2. Calculate potential revenue from popcorn sales: \[ \text{Potential Revenue} = \text{Number of servings} \times \text{Price per serving} = 100 \text{ servings} \times $5/\text{serving} = $500 \]

Thus, the carnival's total potential revenue from popcorn sales would be approximately $500.

So the answer is: $500.