A club is making posters to raise money. The printer charges a base fee of $270 and $2 per poster for supplies. A person sells e ach poster for $ 5. How many posters must he sell to make a profit of $ 300?
1 answer:
<u>Answer:</u>
He must sell 190 posters make a profit of $300.
<u>Explanation:
</u>
Given:
Base fee= $270
Fee for supplies= $2
Cost of poster=$5
To find:
The number of posters to be sold to get a profit of $300=?
Solution:
Let the number of posters sold be n.
Now, we know that,
profit = selling price – cost price
$ 300 = $ 5 for each poster – ( $ 270 base fee + $ 2 for each poster)
300 = 5 x n – (270 + 2 x n)
300 = 5n – 270 – 2n
5n – 2n = 300 + 270
3n = 570
n = 190
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