SOLUTION: A shop buys tablets from the manufacturer for $84 each, and sells them to the public for $120 each. The shop has fixed costs of $29,000. a. Use this equation to determine how many

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A shop buys tablets from the manufacturer for $84 each, and sells them to the public for $120 each. The shop has fixed costs of $29,000. a. Use this equation to determine how many      Log On

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Question 971936: A shop buys tablets from the manufacturer for $84 each, and sells them to the public for $120 each. The shop has fixed costs of $29,000.
a. Use this equation to determine how many tablets must be sold in order for the shop to break even.
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
(120-84)*x>=29,000
36x=29,000
x=29,000/36
x=805,555
They have to sell at least 806 to break even.