Question

Every Saturday Bob bakes loaves of bread to sell at the farmer’s market. Each loaf costs him $1 to make, and he sells loaves for $3 each. He also pays a vendor’s fee of $75 every Saturday to set up his booth. What’s the least number of loaves of bread Bob needs to sell every Saturday to cover the cost of the vendor’s fee?
A) 38
B) 37
C) 25
D) 19

Answer 1

• he earns $2 only because he sells the loaves for $3 and costs him $1 to make them so 3-1=2
• The cost of the vendor's fee is $75
• $75 the cost and $2 the money he earns from every loaf
• 75÷2= 37.5 , so the correct answer is A) 38 loaves