The break even point is the point where in the total cost and the total revenue of the business are of the same value which means there is no profit or no loss. It is would be the minimum point that a business to reach in order to be able to recover the costs without any loss. At this point selling cost is equal to the sum of the fixed cost and the variable cost. To determine the break even point in units, we do as follows:
SC = FC + VC
Px = FC + Vx
where x is the number of units, P is the price per unit and V is the variable cost per unit.
x = FC / P - V
x = 561000 / (8.00 - 0.50)
x = 74800 units
The answer is a=7 because you have to do 7-6 which equals to 2 which a=7 is the right answer
Given:
Let x be the whole amount inherited.
1/2 * x - invested with Bernie Madoff
1/3 * x - lost due to identity theft
1/8 * x - lost in casino
40,000 - remainder
x - x/2 - x/3 - x/8 = 40,000
LCM:
2: 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22, 24
3: 3, 6, 9, 12, 15, 18, 21, 24
8: 8, 16, 24,
x * 24/24 = 24x / 24
x/2 * 12/12 = 12x / 24
x/3 * 8/8 = 8x / 24
x/8 * 3/3 = 3x / 24
40,000 * 24/24 = 960,000 / 24
24x/24 - 12x/24 - 8x/24 - 3x/24 = 960,000/24
(24x - 12x - 8x - 3x)/24 = 960,000/24
x/24 = 960,000/24
24 * x/24 = 24 * 960,000/24
x = 960,000
x = 960,000 initial inheritance
x/2 = 960,000/2 = 480,000 invested with Bernie Madoff
x/3 = 960,000/3 = 320,000 lost due to identity theft
x/8 = 960,000/8 = 120,000 lost in the casino
40,000 - remaining amount.
960k - 480k - 320k - 120k = 40k
40k = 40k
