SOLUTION: Club is selling candles for $5.00 each at a festival. The booth cost $100. to rent. Club paid $1.00 per candle. How many candles must be sold to cover expense s?
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Question 520490: Club is selling candles for $5.00 each at a festival. The booth cost $100. to rent. Club paid $1.00 per candle. How many candles must be sold to cover expense s? Answer by solver91311(24713) (Show Source):
Trick question. You didn't define "expenses" I count the candles purchased as expenses, so you can't specify the number to sell exactly unless you are trying to find the amount to purchase and then sell so that you have no possibility of making any profit.
If you purchase candles and sell candles such that the number purchased is equal to the number sold:
So, in order to make any money at all you have to buy and sell at least 26 candles. That makes you 4 bucks.
John
My calculator said it, I believe it, that settles it