7. Each year Lizzie's school purchases student agenda books which are sold in the school store This veal the mm purchased 350 bo
oks at a cost of If the school would like to make a profit nil to help pay for field trips and school activities what is the leas amount they can charge for each agenda hook Explain how you found urn answer
If the school spent $1,137.50 and wants to make a $1500 profit, then they need to make $2637.50 to earn back what they spent and make a profit. So, if you divide $2637.50 by 350, the number of books they purchased, you get the amount each book would have to cost to make this much money. The lowest price they could sell them for is $7.54.
