SOLUTION: Eduardo started a business selling sporting goods. He spent $7500 to obtain his merchandise, and it costs him $300 per week for general expenses. He earned $850 per week in sales.

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Question 801870: Eduardo started a business selling sporting goods. He spent $7500 to obtain his merchandise, and it costs him $300 per week for general expenses. He earned $850 per week in sales. What is the minimum number of weeks it will take for Eduardo to make a profit? Solve the problem.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Eduardo started a business selling sporting goods. He spent $7500 to obtain his merchandise, and it costs him $300 per week for general expenses. He earned $850 per week in sales. What is the minimum number of weeks it will take for Eduardo to make a profit? Solve the problem.
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Expense:: 7500+300x
Earnings: 850x
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Solve:: 7500+300x <= 850x
550x >= 7500
x >= 13.6 weeks
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Rounding to whose number of weeks:
Ans: 14 weeks
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Cheers,
Stan H.
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