Answer:
When club members will sell 2 cakes, sales will cover expenditure . sales for 2 cakes is $28 and expenditure for 2 cakes is $28. Required equations are as follows
x = 14y (equation for sale)
x = 3y + 22 (equation for expenditure).
Solution:
Need to write a system of equations to describe given situation.
Given that
Members of cooking club are making cakes to sell at street fair.
Selling price of a piece of cake = $14
Cost of booth at the fair = $22
Cost of ingredient for 1 cake = $3
we need to find a point where expenditure is equal to sale.
let say number of cakes be represented by variable y
So selling price of y cakes = selling price of 1 cake multiplied by y = 14 x y = 14y
COST OF y CAKES
Cost of ingredient of y cakes = cost of ingredient of 1 cake x y = 3 x y = 3y
Cost of the booth = $22
total cost of y cakes = Cost of ingredient + cost of booth = 3y + 22
Expenditure will cover when total cost is equal to selling price
=> 14y = 3y + 22
On solving the above equation for y
=> 14y – 3y = 22
=> 11y = 22
=> y = 2
So when club members will sell 2 cakes
Sale = 2 x 14 = $28
Expenditure (cost) = (3)2 + 22 = $28
So after selling 2 cakes expenditure will get covered.
Also given that club sale and expenditure will be $x once they have sold y cakes
=> x = 14y (equation for sale)
And x = 3y + 22 (equation for expenditure).