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

500 bags
500 bags

40 bags
40 bags

400 bags
400 bags

$400.00

Answer 1

To determine how many bags of chips the school soccer team needs to sell to raise $1,000.00 at $2.50 per bag, you can use the formula:

\[ \text{Number of bags} = \frac{\text{Total Funds Needed}}{\text{Price per Bag}} \]

Substituting the values:

\[ \text{Number of bags} = \frac{1000.00}{2.50} = 400 \]

So, the soccer team would need to sell 400 bags to raise $1,000.00.