Asked by Bethany
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?
Answers
Answered by
Elina
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
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
Answered by
Bethany
ok, thank you! But i don't understand why you need to find the gross?
Answered by
Bethany
wait... isnt gross the revenue? lol sorry if that's a dumb query
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.