SOLUTION: A company that manufactures boxes recently purchased $2000 worth of new equipment to offer gift boxes to its customers. the cost of producing a package of gift boxes is $1.50 and i

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Question 767871: A company that manufactures boxes recently purchased $2000 worth of new equipment to offer gift boxes to its customers. the cost of producing a package of gift boxes is $1.50 and it is sold for $4.00. Find the number of packages that must be sold for the company to break even.
please put the problem in system equation form which is {Ax+By=z
Gx+Hy=c before you compute them. thank you
Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
n is number of boxes to produce and sell.
Money gone out: 2000 + 1.50n
Money coming in: 4.00n
Break-Even: 2000+1.50n=4.00n

Solve for n in 2000%2B%283%2F2%29n=4n
2000=%284-3%2F2%29n
%285%2F2%29n=2000
n=2000%2A%282%2F5%29
n=800
800 packages.