Question
It cost $2 to make each cup of lemonade plus $40 rentals fee he sells it for $6 a cup how many cups does he have to sell to break even
Answers
GPT 3.5
Let x be the number of cups he needs to sell to break even.
For each cup, the cost is $2 to make plus the $40 rental fee, so the total cost per cup is $2 + $40 = $42.
He sells each cup for $6, so the profit per cup is $6 - $42 = $4.
To break even, he needs to sell enough cups to make up for the $40 rental fee, so:
$40 = $4x
Dividing both sides by 4, we get:
10 = x
Therefore, he needs to sell at least 10 cups of lemonade to break even.
For each cup, the cost is $2 to make plus the $40 rental fee, so the total cost per cup is $2 + $40 = $42.
He sells each cup for $6, so the profit per cup is $6 - $42 = $4.
To break even, he needs to sell enough cups to make up for the $40 rental fee, so:
$40 = $4x
Dividing both sides by 4, we get:
10 = x
Therefore, he needs to sell at least 10 cups of lemonade to break even.