Answer:
Sales= $90
Expenditures= $90
Step-by-step explanation:
The members of a cooking club are making cakes.
The cakes will be sold at a street fair price of $9 for each cake.
It cost $50 for a booth at the fair.
The ingredients for each cake cost $4
Let y represent the number of cakes that was sold
Since the price of each cake is $9 then,
Sales = $9y
Since the booth cost $50 and ingredients cost $4 then,
Expenditures = $50 + $4y
Sales = Expenditures
9y= 50 + 4y
Collect the like terms
9y-4y= 50
5y= 50
Divide both sides by the coefficient of y which is 5
5y/5= 50/5
y= 10
Sales= 9×10
= $90
Expenditures= $50 + 4(10)
= $50+$40
= $90
Hence the sales is $90 and the expenditures is $90
