You want to start a bakery business to earn money. The total amount of money you will invest is $10,000. You will be selling cakes. It will cost you $14 to make each cake.

Question

c)
You plan to sell each cake for $50. Write an equation that represents your total earnings, T, based on the price of your cake and how many you sell. Let x represent the number of cakes you sell.
* Use T and x as your variables

Answer 1

The equation that represents your total earnings, T, based on the price of your cake and how many you sell is:

T = 50x