mike and kim invest $14,000 in equipment to print yearbooks for schools. each yearbook costs $7 to print and sells for $35. how

Question

3 years ago

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mike and kim invest $14,000 in equipment to print yearbooks for schools. each yearbook costs $7 to print and sells for $35. how

many yearbooks must they sell before their business breaks even? a. 500 yearbooks b. 2,000 yearbooks c. 400 yearbooks d. 650 yearbooks

Mathematics

1 answer:

Zina [86] · Answer 1 · 2021-11-20T22:40:54+03:00

The answer is A.) 500 Year books.

The profit they would gain from each year book would be $28 since each year book costs $7 to make and sells for $35. You would simply divide 14,000 by 28 to find how many books they would need to sell in order to get their investment back which would be 500 books.

Hope this helps.