The break even point is the point at which income equals expenses expenses Richmond high school is paying $13,200 for the writin
g and research of their yearbook plus a printing fee of $25 per book if they sell the books at $40 each how many will they have to sell to break even explain
Answer: they have to sell 880 books to break even.
Step-by-step explanation:
Let x represent the total number of books that Richmond high school produced and also sold.
Richmond high school is paying $13,200 for the writing and research of their yearbook plus a printing fee of $25 per book. This means that the total cost of producing x books would be
25x + 13200
if they sell the books at $40 each, it means that the total revenue would be
40 × x = 40x
The break even point is the point at which income equals expenses expenses. Therefore,
75 percent off 100 percent=original 75 percent off=100-75=25% 160=25% of original cost 'of' means multiply remember tha tpercent is parts out of 100 so 25%=25/100=1/4 160=1/4 times original cost multily both sides by 4 640=original cost answe ris $640 =original cost