To break even, the total cost of printing must equal the total revenue from book sales.
The cost to print each book is $7.50 and the revenue from selling each book is $21.00.
Let's set up the equation:
Number of books * cost to print each book = Number of books * revenue from selling each book
Let's represent the number of books as "x":
$7.50 * x = $21.00 * x
Now we can solve for "x":
$7.50x = $21.00x
We can divide both sides of the equation by $7.50 to isolate "x":
x = $21.00 / $7.50
x = 2.8
Since we can't sell a fractional number of books, we need to round up to the nearest whole number.
Therefore, Sam and David must sell at least 3 books before their business breaks even.
Sam and David invest $13,500 in equipment to print books. Each book costs $7.50 to print and sells for $21.00. How many books must they sell before their business breaks even?(1 point)
Responses
1800 books
1000 books
2000 books
900 books
5 answers
the correct answer
To break even, the total cost of printing must equal the total revenue from book sales.
The cost to print each book is $7.50 and the revenue from selling each book is $21.00.
Let's represent the number of books they need to sell as "x":
Total cost = Total revenue
Cost to print each book * Number of books = Selling price of each book * Number of books
$7.50 * x = $21.00 * x
Now we can solve for "x":
7.50x = 21.00x
Subtract 7.50x from both sides:
7.50x - 7.50x = 21.00x - 7.50x
0 = 13.50x
Divide both sides by 13.50:
0/13.50 = 13.50x/13.50
0 = x
Since x represents the number of books they need to sell in order to break even, the correct answer is 0 books. However, this does not seem possible or feasible in reality. It's likely that there was an error in the equation or information provided.
The cost to print each book is $7.50 and the revenue from selling each book is $21.00.
Let's represent the number of books they need to sell as "x":
Total cost = Total revenue
Cost to print each book * Number of books = Selling price of each book * Number of books
$7.50 * x = $21.00 * x
Now we can solve for "x":
7.50x = 21.00x
Subtract 7.50x from both sides:
7.50x - 7.50x = 21.00x - 7.50x
0 = 13.50x
Divide both sides by 13.50:
0/13.50 = 13.50x/13.50
0 = x
Since x represents the number of books they need to sell in order to break even, the correct answer is 0 books. However, this does not seem possible or feasible in reality. It's likely that there was an error in the equation or information provided.
A B C or D
The correct answer is D) 900 books.