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Marcelino bought balloons to sell at lunches to raise money for charity
Item
Thirty Balloons
Ribbon
Helium Tank Rental
Cost
$22.50
$7.50
$15.00
Marcelino claims he will raise a lot of money by selling each balloon for $1.25. Which statement is true about the
amount of money he will make it he sells all of the balloons?
Marcelino will only make a profit of $7.50; each balloon costs $1.50, so he's making S 25 on each balloon
Marcelino will break even; his cost will equal his profits
Marcelino will have $7.50: his costs are more than his profits
Marcelino will raise $45.00, each balloon raises $1.50

Respuesta :

aksnkj

Marcelino will bear a loss of $7.5 and the correct statement is "Marcelino will have a loss of $7.50: his costs are more than his profits".

Given information:

The requirements and cost of making the ballons is:

Item                                             Cost

Thirty Balloons                           $22.50

Ribbon                                        $7.50

Helium Tank Rental                   $15.00

Marcelino sells balloons at the rate of $1.25 per balloon.

The total cost of creating 30 balloons will be,

[tex]22.5+7.5+15=\$\;45[/tex]

Now, after selling 30 balloons, he will earn,

[tex]1.25\times 30=\$\;37.5[/tex]

The earning is less than the cost of making the balloons.

So, Marcelino will bear the loss. The loss can be calculated as,

[tex]45-37.5=\$\;7.5[/tex]

Therefore, Marcelino will bear a loss of $7.5 and the correct statement is "Marcelino will have a loss of $7.50: his costs are more than his profits".

For more details, refer to the link:

https://brainly.com/question/984538

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