The school soccer team is selling chips to fundraise for new jerseys. If they charge $2.50 per bag of chips, how many bags would they need to sell in order to raise $1,000.00?

40 bags
400 bags
$400.00
500 bags

1 answer

To determine how many bags of chips the school soccer team needs to sell to raise $1,000.00, we can use the formula:

\[ \text{Number of bags} = \frac{\text{Total amount to raise}}{\text{Price per bag}} \]

Substituting the values:

\[ \text{Number of bags} = \frac{1000.00}{2.50} \]

Calculating this gives:

\[ \text{Number of bags} = 400 \]

So, the soccer team needs to sell 400 bags of chips to raise $1,000.00. Therefore, the answer is 400 bags.