Question

Gina Chuez has considered starting her own custom greeting card business. With an initial start up cost of $1500, she figures it will cost $0.45 to produce each card. In order to remain competitive with the larger greeting card companies, Gina must sell her cards for no more than $1.70 each. To make a profit, her income must exceed her costs. How many cards must she sell before making a profit?
A. 1187 B. 1230 C.1200 D.1425

Answer 1

1.70 - 0.45 = 1.25

1500 ÷ 1.25 = 1200

Gina must sell 1200 cards before she can make a profit