Question

Miles and Lucy decide to sell lemonade to earn some money. They buy pitchers, ice, and mix for a cost of $13.50. The mix makes 8 quarts of lemonade. They decide to sell one cup of lemonade for $0.75. If they sell all 8 quarts, how much revenue will they make and will they make enough to earn $12 each? (4c=1q)

Answer 1

Answer:

Altogether they made $24 which is enough to earn $12 each

Step-by-step explanation:

Important information:

1 cup: $0.75

4 cups = 1 quart

8 quarts of lemonade altogether

If we are looking to solve for the revenue earned based on quarts, we must first solve for how much money they make on 1 quart

Since 1 cup sells for $0.75 and 4 cups makes up a quart, we must multiply

0.75 × 4 = 3

They make $3 per 1 quart

We are looking for the amount for 8 quarts though, not just 1. Again we must multiply

3 × 8 = 24

They will make $24 if they sell all 8 quarts

The questions ask if they will each earn $12

Since there are two of them, Miles and Lucy, we must divide revenue earned by 2, the number of people

24 ÷ 2 = 12

$12