To break even, the total cost must equal the total revenue.
The cost to print each book is $7.50 and they sell each book for $21.00, so the profit per book sold is $21.00 - $7.50 = $<<21-7.5=13.50>>13.50.
The total investment is $13,500, so they need to sell $13,500/$13.50 = <<13500/13.5=1000>>1000 books to break even.
Therefore, they must sell 1000 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
1800 books
1000 books
1000 books
2000 books
2000 books
900 books
1 answer
5 answers