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) Responses $400.00 $400.00 400 bags 400 bags 500 bags 500 bags 40 bags 40 bags

Answer 1

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

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

Substituting the values:

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

So, the soccer team needs to sell 400 bags of chips to raise $1,000.00. The correct response is 400 bags.