Guatemalanlfl
Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Bill and Angie are selling gift baskets at a craft fair. Their costs are $75 for the table and $12 per basket. They sell each basket for $20. How many baskets must they sell to break even?

Sagot :

They must sell 10 baskets to break even because
75=(20-12)x
Since the cost of the table is $75 the cost of each basket is $12, they are making a net profit of $20-12 per basket if they are selling each basket for $20.  In that case, they must sell at least 10 baskets to break even. If they sell 10 baskets, they will make $80 to break even with the $75 cost for the table.  They cannot break even by selling 9 baskets because they will only make $72 in that case. 
iGreen
20 - 12 = 8

So they only make $8 per basket sold.

75 / 8 = 9.375

Round it up

So they have to sell 10 to break even.
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.