Answer:
C) It will take 14 weeks for Edurado to make a profit.
Step-by-step explanation:
The money spent on obtaining the merchandise = $ 7500
The general expense per week = $300
Let us assume Eduardo has to work for N weeks to break Even.
So, the general expense in N weeks = N x( Expense per week)
= N x ( $300) = 300 N
So, the total expense in N weeks = Money spent on merchandise + general expense
or, the TOTAL EXPENSE = $ 7500 + 300 N .... (1)
Now, the earning per week = $850
So, the total earning in N weeks = N x ( Earning in 1 week) = N x ( $850)
or, the TOTAL EARNING = 850 N .... (2)
Now, for N weeks ,
TOTAL EXPENSE = TOTAL EARNING
⇒ $7500 + 300 N = 850 N
or, 7500 = 850 N - 300 N = 550 N
⇒ N = 7500/550 = 13.63
So, number of weeks should at least be 13.63
Among the given options, N = 14 weeks is the most feasible answer.
Hence, it will take 14 weeks for Edurado to make a profit.
