Question 5 of 10: Jayla is a career coach, and holds seminars at local venues. She visits a college town in New Jersey, and sells all 175 seats of her 59 dollars seminar through Instagram. How much did she make through Instagram sales?a) 1,032 dollarsb) 1,325 dollarsc) 10,235 dollarsd) 10,325 dollars
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Upstudy AI Solution
Answer
d) 10,325 dollars
Solution
To find out how much Jayla made through Instagram sales, multiply the number of seats sold by the price per seat:
\[175 \text { seats} \times 59 \text { dollars/seat} = 10,325 \text { dollars} \]
Supplemental Knowledge
Calculating revenue from sales requires multiplying the quantity sold times the price per item sold - an essential arithmetic operation used in various real-life situations, from business finances to personal budgeting.
- Multiplication Basics:
- Multiplication is a mathematical operation used to find the total number of items in groups of equal size.
- The formula for calculating total revenue is:
\[\text { Total Revenue} = \text { Number of Items Sold} \times \text { Price per Item} \]
- Application in Business:
- Businesses use multiplication to calculate earnings from product sales.
- Understanding this concept helps in budgeting, forecasting, and financial planning.
Real-Life Connections
Imagine you're running a small bakery. Each day, you sell 50 cupcakes at 3 dollars each. To find out how much money you made that day, you multiply 50 (the number of cupcakes) by 3 (the price per cupcake), giving you 150 dollars in total sales for the day. This simple calculation helps you keep track of your daily earnings and manage your business effectively.
Understanding basic mathematical operations like multiplication is vital to efficiently managing finances. For additional educational insights or assistance on any academic topic, don't hesitate to get in touch!
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Answered by UpStudy AI and reviewed by a Professional Tutor
Explain 
Simplify this solution Beyond the Answer
Jayla sold 175 seats at the price of 59 dollars each. To find her total sales, you simply multiply the number of seats by the price: 175 x 59 equals 10,325 dollars! So the correct choice here is d) 10,325 dollars. This approach of using social media for sales can be traced back to the rise of platforms like Instagram, where influencers and businesses harness the power of visual content to engage with audiences. Jayla's success highlights how effective social media can be, especially in connecting with local communities!
