Sid and Libby are planning to sell pies at a local fair. They spend $200 to rent a table at the fair. Their costs for ingredient
s, other supplies, baking, and packaging are $3.00 per pie. Sid and Libby plan to sell the pies for $8 each. How many pies must they sell at the fair before they start making profit
Sid and Libby are planning to sell pies at a local fair. => $200 to rent a table at the fair.<span> => $3.00 per pie </span>costs for ingredients, other supplies, baking, and packaging<span> They plan to sell the pies for $8 each. Let's find out how many pies will they be selling inorder to gain profit => 200 + 3.00(n) = 8(n), where n is the number of pie. Let's try 40 => 200 + 3(40) = 8 (40) => 320 = 320 </span>=> 200 + 3(41) = 8 (41) => 323 = 328 <span>Thus, in their 41st pie, they will get a profit
The equations woould look like this a=2000(1+.0225/12) to the 12th power b=2000(1+.03/12) to the 12th power but i cant find the answer cuz i have no calculator sorry but i hope i still helped.
