Question

You make picture frames to sell at the flea market; you spent $46 on supplies and you want to sell the frames for $8.50 each. How many frames would you need to sell in order to make a profit?

Answer 1

Answer: 6 Frames

Before we start, let us figure out what profit means?

Profit is the money you make.

Note: Income is the money you receive, and expenses are the money you spend on your business.

If you sold five frames, you would make: (8.50 x 5 = $42.50)

Note: $42.50 is not greater than your expenses, so you haven't make any profit yet.

If you sold six frames, you would make: (8.50 x 6 = $51.00)

Note: $51.00 is greater than your expenses, so you made some profit.

Additional Information

To find the money you made or your profit, simply subtract the money you received from your expenses.

$51.00 - $46.00 = $5.00

You only made $5.00, but to make a larger profit, you have to sell more frames.

Conclusion

I hope my explanation provided excellent aid. Oh, and you're welcome.