A cash register contains $10 bills and $100 bills with a total value of $2010. If there are 30 bills total, then how many of eac
2 answers:
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Let's call x1: The rate per hour of the number one mechanic. X2: The rate per hour of mechanic number two. The first thing you should do is identify the system of equations that best describes the problem. In this case it is a system of 2 equations with two unknowns which when solved gives a total of x1 = 85 $ / h and x2 = 50 $ / h. Attached solution.
Answer:
x = 1178 games
Step-by-step explanation:
Let the number of games = x
Let the total cost = Tc
Let the total revenue = Tr
Given the following data;
Investment = $10,000
Cost of each game = $1.50
Selling cost = $9.99
Total cost, Tc = (Cost of each game * Number of games) + Investment
Tc = 1.50x + 10000
Total revenue, Tr = Selling cost * Number of games
Tr = 9.99x
Breakeven point is when total cost is equal to total revenue;
Tc = Tr
x = 1177.86 ≈ 1178 games.
<em>Therefore, the number of games that must be sold before the business breaks even is 1178 games. </em>