document.write( "Question 878588: A) A shop buys tablets for $102.00 each and sells them for $180 each. The shop has a fixed cost of $35,000, create an equation that expresses the business's profit as a function of the number of tablets sold?\r
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document.write( "B) Use this equation to determine how many tablets must be sold in order for the shop to break even? \n" );
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Algebra.Com's Answer #530116 by Jstrasner(112)![]() ![]() You can put this solution on YOUR website! Hello,\r \n" ); document.write( "\n" ); document.write( "So for this problem we need to figure out how much money the business will make after paying for the fixed cost.\r \n" ); document.write( "\n" ); document.write( "Let's call profit P:\r \n" ); document.write( "\n" ); document.write( "Profit (P) equals the number of products sold (units) times the profit from each unit sold ($180-$102=$78) minus the fixed cost. \r \n" ); document.write( "\n" ); document.write( "In other words:\r \n" ); document.write( "\n" ); document.write( "P = (units x $78) - $35,000\r \n" ); document.write( "\n" ); document.write( "That is the answer for question A.\r \n" ); document.write( "\n" ); document.write( "For B,\r \n" ); document.write( "\n" ); document.write( "break even means the business makes 0 profit. So we plug that into the equation:\r \n" ); document.write( "\n" ); document.write( "$0 = units x $78 - $35,000\r \n" ); document.write( "\n" ); document.write( "We want to get units on a side by itself so we first add $35,000 to both sides:\r \n" ); document.write( "\n" ); document.write( "$0 + $35,000 = units x $78 - $35,000 + $35,000\r \n" ); document.write( "\n" ); document.write( "Which becomes:\r \n" ); document.write( "\n" ); document.write( "$35,000 = units x $78\r \n" ); document.write( "\n" ); document.write( "We want to get rid of the $78 on the right side so we divide both sides by $78:\r \n" ); document.write( "\n" ); document.write( "$35,000/$78 = units x $78 / $78\r \n" ); document.write( "\n" ); document.write( "Which becomes:\r \n" ); document.write( "\n" ); document.write( "448.71795 = units\r \n" ); document.write( "\n" ); document.write( "So, we need to sell 449 (we should round up) units to break even.\r \n" ); document.write( "\n" ); document.write( "I hope this helps! \n" ); document.write( " |