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?(1 point)

Question

Responses

40 bags
40 bags

$400.00
$400.00

500 bags
500 bags

400 bags

Answer 1

To find out 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 we have:

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

Calculating this gives:

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

Therefore, the soccer team needs to sell 400 bags of chips.