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

400 bags
400 bags

$400.00
$400.00

40 bags

Answer 1

To find out how many bags of chips need to be sold to raise $1,000.00 at $2.50 per bag, you 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 that gives:

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

So, they would need to sell 400 bags of chips.