To find out how many bags of chips need to be sold to raise $1,000.00 at a price of $2.50 per bag, you can use the following calculation:
Total amount to raise = $1,000.00
Price per bag = $2.50
To find the number of bags needed, divide the total amount by the price per bag:
Number of bags = Total amount to raise / Price per bag
Number of bags = $1,000.00 / $2.50
Number of bags = 400 bags
Therefore, the correct response is:
400 bags