SOLUTION: Mark's Bakery recently spent a total of $830 on new equipment, and their average hourly operating costs are $14. Their average hourly receipts are $16. The bakery will soon make ba

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Mark's Bakery recently spent a total of $830 on new equipment, and their average hourly operating costs are $14. Their average hourly receipts are $16. The bakery will soon make ba      Log On


   

Question 1136929: Mark's Bakery recently spent a total of $830 on new equipment, and their average hourly operating costs are $14. Their average hourly receipts are $16. The bakery will soon make back the amount it invested in equipment. How many hours will that take? What would the total expenses and receipts both equal?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +h+ = hrs in operation
+830+%2B+14h+=+16h+
+2h+=+830+
+h+=+415+
In 415 hrs
-------------
+16h+=+16%2A415+
+16h+=+6640+
and
+830+-+14h+=+830+-+14%2A415+
+830+%2B+14h+=+830+%2B+5810+
+830+%2B+14h+=+6640+
Expenses and receipts are $6,640