document.write( "Question 1183247: A company produces product X at a unit cost of N10. If fixed costs are N450, 000, and each unit sells for N25,
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document.write( "how many must be sold for the company to make a positive profit of N510,000.
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Algebra.Com's Answer #813468 by ikleyn(52781)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "A company produces product X at a unit cost of N10. If fixed costs are N450, 000, and each unit sells for N25, \n" ); document.write( "how many must be sold for the company to make a positive profit of N510,000. \n" ); document.write( "~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "Your equation is\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " Revenue - Cost = Profit, or\r\n" ); document.write( "\r\n" ); document.write( " 25x - (450000 + 10x) = 510000.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "Simplify and solve\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( " 25x - 10x = 510000 + 450000\r\n" ); document.write( "\r\n" ); document.write( " 15x = 960000\r\n" ); document.write( "\r\n" ); document.write( " x = 960000/15 = 64000 units.\r\n" ); document.write( "\r\n" ); document.write( "\r\n" ); document.write( "ANSWER. 64000 units must be produced and sold.\r\n" ); document.write( "\r \n" ); document.write( "\n" ); document.write( "Solved.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It is very standard problem on profit.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |