Answer:
y = number of wristbands of Type 2 at $8 each
Step-by-step explanation:
The number of wristband of Type 1=x
The number of wristband of Type 2=y
The total amount of money earned from selling these wristbands is given as:
Amount of Money collected=5x + 8y
Now Total cost for an item= Cost Per Item X Number of Item sold
Therefore:
8y = 8 X y =Cost Per Wristband of Type 2 X number of wristbands of Type 2
The variable y represents the number of wristbands of Type 2 which is sold for $8 each.