Cost of the bagels is 144 for $80.
When he sold 100 bagels, he has earned $155 gross (which is his profit of $75 + cost of $80).
Therefore 1 bagel is sold for $1.55.
He earns $1.55n
but since his costs are $80,
P=1.55n - 80
Alex bought 144 bagels for $80. His profit was $75 once he had sold 100 bagels. Which equation represents Alex's profit,P as a function of the number sold, n?
3 answers
ok, thank you! But i don't understand why you need to find the gross?
wait... isnt gross the revenue? lol sorry if that's a dumb query
1 answer