A local running group collected data on the number of miles its group members run each week, x, and their average mile time, y.
2 answers:
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<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