SOLUTION: liz and penny decided to open a juice stand. they invested $40.00 for some wood to build the stand. they estimated that each cup of juice sold would cost $0.25. The girls decided t

Question 996242: liz and penny decided to open a juice stand. they invested $40.00 for some wood to build the stand. they estimated that each cup of juice sold would cost $0.25. The girls decided to sell each cup of juice for $0.75. How many cups would they have to sell in order to break even?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The break even point is at:
[ cost ] = [ cash received ]
Let = number of sold
cost =
cash received =
-----------------------

They must sell 80 cups to break even.
------------------
Note that this problem assumes that
they don't buy more juice than they
actually sell. If they bought 10 more cups
than they sold, then the left side would
look like:
Just thought I'd mention it.
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