Question

1. the teen environmental action club expected to make 34.5% profit on the fabric grocery bags they sold. if the total sales were $21 510, what is the club’s profit?

Explanation:

Step1: Identify the formula for profit

Profit is calculated as a percentage of total sales. The formula is \( \text{Profit} = \text{Percentage Profit} \times \text{Total Sales} \).

Step2: Convert the percentage to a decimal

The percentage profit is \( 34.5\% \), which as a decimal is \( 0.345 \) (since \( 34.5\%=\frac{34.5}{100} = 0.345 \)).

Step3: Multiply the decimal by total sales

The total sales are \( \$21510 \). So, we calculate \( 0.345\times21510 \).

First, calculate \( 21510\times0.3 = 6453 \), \( 21510\times0.04 = 860.4 \), and \( 21510\times0.005 = 107.55 \).

Then, add these results together: \( 6453 + 860.4 + 107.55 = 7420.95 \).

Alternatively, directly multiply \( 21510\times0.345 \):

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Answer:

The club's profit is \(\$7420.95\)