Q. 14. A hairdresser is deciding to open her own studio. She will pay $1200 per month in rent and will charge $45 per haircut. If rent is her only expense, how many haircuts does she need to do to make a profit? Click on the dropdown menu to choose the correct option. Be careful about rounding correctly! (1 point)

Answer 1

To find out how many haircuts the hairdresser needs to do to make a profit, we need to determine the breakeven point.

The breakeven point is when the revenue equals the expenses.

Let's assume x is the number of haircuts.

Revenue = Price per haircut * Number of haircuts = $45x
Expenses = Rent = $1200

To find the breakeven point, we set the revenue equal to the expenses:

$45x = $1200

Now, let's solve for x:

x = $1200 / $45
x ≈ 26.6667

Rounded to the nearest whole number, the hairdresser needs to do 27 haircuts to make a profit.