They make a profit of $20 on each yearbook.
$8,000 / 20 = 400
Mike and Kim invest $8,000 in equipment to print yearbooks for schools. each yearbook costs $5 to print and sells for $25. How many yearbooks must they sell before their business breaks even?
a. 1,600
b. 400
c. 320
d. 600
I know the answer is b, but I don't know how you get it..
4 answers
thank you
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D.600