Answer:
The total amount of money received at the lemonade stand was $49.50
Step-by-step explanation:
Let
x ---> the number of small drinks sold
y ---> the number of medium drinks sold
we know that
The stand sold 72 drinks
so
[tex]x+y=72[/tex] ----> equation A
The ratio of small drinks to medium drinks sold was 5:3
[tex]\frac{x}{y}=\frac{5}{3}[/tex]
[tex]x=\frac{5}{3}y[/tex] ----> equation B
substitute equation B in equation A
[tex]\frac{5}{3}y+y=72[/tex]
[tex]\frac{8}{3}y=72\\\\y=72(3)/8\\\\y=27[/tex]
Find the value of x
[tex]x=\frac{5}{3}(27)=45[/tex]
Find out the total amount of money received at the lemonade stand
[tex]0.50(45)+1.00(27)=\$49.50[/tex]