SOLUTION: the local college finds that the cost of producing cds for their distance learning program is $550 and $2 per cd and there are 10 cds in each course packet. the cd packet sells for

Question 972976: the local college finds that the cost of producing cds for their distance learning program is $550 and $2 per cd and there are 10 cds in each course packet. the cd packet sells for $45 each. find how many students must purchase the packet in order for the college to break even.
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.
P=number of packets
Cost of producing=$550 and $20 per packet for ten CDs will equal P packets at $45
to break even:
.
$550+$20P=$45P
$550=$25P
22=P ANSWER: The college must sell 22 packets to break even.
.
CHECK:
$550+$20P=$45P
$550+$20(22)=$45(22)
$550+$440=$990
$990=$990

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