To determine how many bags of chips the school soccer team needs to sell to raise $1,000.00 at a price of $2.50 per bag, you can use the following formula:
\[ \text{Number of bags} = \frac{\text{Total Amount to Raise}}{\text{Price per Bag}} \]
Plugging in the numbers:
\[ \text{Number of bags} = \frac{1000.00}{2.50} \]
Now, performing the division:
\[ \text{Number of bags} = 400 \]
Therefore, the team would need to sell 400 bags of chips to raise $1,000.00.