You and your friend race in a trail flag is 10 miles long. In each situation, does your friend pass you before the end of the tr
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Answer:
x = 1178 games
Step-by-step explanation:
Let the number of games = x
Let the total cost = Tc
Let the total revenue = Tr
Given the following data;
Investment = $10,000
Cost of each game = $1.50
Selling cost = $9.99
Total cost, Tc = (Cost of each game * Number of games) + Investment
Tc = 1.50x + 10000
Total revenue, Tr = Selling cost * Number of games
Tr = 9.99x
Breakeven point is when total cost is equal to total revenue;
Tc = Tr
x = 1177.86 ≈ 1178 games.
<em>Therefore, the number of games that must be sold before the business breaks even is 1178 games. </em>
You convert a decimal to a fraction by putting the digits to the right of the decimal point over "1" followed by the same number of zeros. (Most folks learn this in 3rd or 4th grade.)
0.66 = 66/100 . . . . . 2 decimals, so the denominator is 100
Then you reduce the fraction by canceling common factors. It helps to know your times tables and divisibility rules. (Or you can have your calculator do it.)
0.66 = 66/100 = 33/50
1.00 = 100/100 = 1
0.66 = 66/100 . . . . . 2 decimals, so the denominator is 100
Then you reduce the fraction by canceling common factors. It helps to know your times tables and divisibility rules. (Or you can have your calculator do it.)
0.66 = 66/100 = 33/50
1.00 = 100/100 = 1