Question 9 of 25 a bookstore costs $105 a day to keep open, and it spends $12 for each book that it sells. if each book sells fo
r $15, what is the break-even point for this bookstore?
1 answer:
The store will break even after selling 35 books.
<h3>
What is the break-even point?</h3>
- The break-even point is the moment at which total cost and total revenue are equal, implying that your small firm has no loss or benefit.
- In other words, you've reached the point where the costs of production equal the revenues for a product.
To find what is the break-even point for this bookstore:
Given:
- The cost required per day to keep the store open = $105
- Amount spent on each book = $12
Let, n be the number of books.
Total costs = 12n + 105
The selling price of each book = $15
Total revenue = 15n
For breaking even, costs = revenue.
- 12n + 105 = 15n
- 105 = 15n - 12n
- 105 = 3n
- 3n = 105
- Dividing both sides by 3:
- 3n/3 = 105/3
- n = 35
Therefore, the store will break even after selling 35 books.
Know more about the break-even point here:
brainly.com/question/9212451
#SPJ4
You might be interested in
Answer:
13.35
Step-by-step explanation:
you multiply 89 times 15
then divide that with 100
..........................
Answer: sorry I don't get it but the answer for 16 is B sorry
Step-by-step explanation:
What do they teach you they are weird t doesn't make any sense
X² - 10x = 46
10/2 = 5; 5²+ 25 add 25 to both sides
x² - 10x + 25 = 46 + 25
so the number you have to add to complete the square is 25.
Where are the numbers or just this? We need numbers like 1 0 6