Answer :

The bakery has sold approximately 1,039 cakes when the price of each cake is $8.

To find out how many cakes the bakery has sold when the price of each cake is $8, you can simply divide the total sales by the price per cake:

Number of cakes sold = Total sales / Price per cake

Number of cakes sold = $8,329.50 / $8

Number of cakes sold = 1039.9375

Since you cannot sell a fraction of a cake, you can round down to the nearest whole number:

Number of cakes sold ≈ 1039 (rounded down)

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