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Calculate the missing value A the amount in her online shopping basket, Determine the selling price of one t-shirt, Write down a formula that can be used to calculate the total income received, and Calculate the missing value B.
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4 stepsCalculate the missing value A.
Value A represents the total cost for Vinyl. This is calculated by multiplying the amount of Vinyl by its price per unit.
We can also verify this using the total payable:
The missing value A is .
Determine the selling price of one t-shirt.
From TABLE 1, we can use the 'Revenue (Rand)' for a given 'NUMBER OF TSHIRTS'. For example, for 25 t-shirts, the revenue is R2250.
Let's check with another data point, e.g., 50 t-shirts and R4500 revenue:
The selling price of one t-shirt is .
Write down a formula that can be used to calculate the total income received.
Total income is the total revenue. Based on the selling price calculated in Step 2, the formula for total income is the selling price per t-shirt multiplied by the number of t-shirts.
Using the selling price of R90:
Calculate the missing value B.
The problem states that the total expenses can be calculated by the formula: .
From TABLE 1, the missing value B corresponds to 50 t-shirts.The missing value B is .
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