SOLUTION: Leo plans to commercially produce ube pastel. The fixed cost which includes space rental is $300 per month and the cost of producing a pastel is $4. Each pastel will be sold for $1

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Leo plans to commercially produce ube pastel. The fixed cost which includes space rental is $300 per month and the cost of producing a pastel is $4. Each pastel will be sold for $1      Log On

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Question 979994: Leo plans to commercially produce ube pastel. The fixed cost which includes space rental is $300 per month and the cost of producing a pastel is $4. Each pastel will be sold for $10. After selling how many pastels will Leo start to gain?
Answer by josh_jordan(263) About Me  (Show Source):
You can put this solution on YOUR website!
So, we need to find out how many pastels Leo has to sell so that he's made at least $300.

If each pastel costs $4 to make, and they sell for $10, that's a $6 profit for each pastel. So, we can set up an equation as follows:

6x = 300, where x is the number of pastels multiplied by the profit amount per pastel.

x = 50

So, after the 50th pastel, Leo will start to gain.