Akeem wants to have a lemonade stand at the community fair. It costs him $2 to make each cup of lemonade plus a $40 renter's fee for the stand. He sells the lemonade for $6 per cup. How many cups does Akeem have to sell to break even

Answer 1

Akeem's total cost to make and sell one cup of lemonade is $2 (cost to make lemonade) + $40 (renter's fee) = $42.

Akeem sells each cup for $6.

To break even, Akeem needs to sell enough cups to cover his total costs. This can be calculated by dividing his total costs by the selling price per cup:

$42 (total cost) ÷ $6 (selling price) = 7 cups

Therefore, Akeem needs to sell at least 7 cups of lemonade to break even.