SOLUTION: The total cost of producing a group of bags is $1100. In addition, each bag cost $18 in materials. If the bags are sold for $40, how many bags need to sold to gain a profit of at l

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Question 401979: The total cost of producing a group of bags is $1100. In addition, each bag cost $18 in materials. If the bags are sold for $40, how many bags need to sold to gain a profit of at least $2200?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Profit = income - cost
Let = number of bags sold




150 bags must be sold
check:
what if bags are sold?




OK

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