Question

Each year the school purchases agendas, this year the school sold 350 agendas at the cost of $1.137.50. If the school wants a profit of $1.500, what is
the least amount they can charge for each agenda? Explain how you found your answer.

Answer 1

If they sell the same amount next year and want to reach $1,500, they must higher the price. to do that, they can divide the $1500 by the number of agendas. Do the math yourself, its not very hard.