Question

Joel sells ice cream cones at the country fair. he has to rent the equipment for $36 and spend $0.52 on ingredients for each cone. what is the minimum of ice cream cones Joel must sell at $1.40 each on order to make a profit?

Answer 1

$1.4-0.52=$0.88


So, Joel makes $0.88 profits for every sales.


To overcome rent fee, We need $36.

36/0.88= 40.90909....


So, Joel needs to sell at least 41 iceCream on country fair to make profits.