<span>For the Oliver Company to break even, the total revenue must equal the sum of the variable costs and the fixed cost. Mathematically, this can be represented as:
Total revenue = 0.4*(Total revenue) + (Fixed Costs)
Let the number of units sold be x. then,
7*x = 0.4*(7*x) + 6300
Thus, x = 6300/(0.6*7) = 1500 units.
Thus the company will have to sell 1500 units to break even.</span>
Answer:
Total number of notes is 11.
Step-by-step explanation:
Value is 100 rupees…
5x + 20y = 100 and x + y = 11 are the two equations.
We can simplify…
5x + 20 y - 5x - 5y = 100 - 55 = 45
15y = 45 so y = 3
x = 11 - y = 8
So, we have 8 notes of 5 rupees denomination and 3 notes of 20 rupees denomination.
I hope it helps you.
All of the numbers are even so 2
Answer: 2
