SOLUTION: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant ea

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Question 1163734: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant each day for the owner to break even ?
Found 2 solutions by ikleyn, Alan3354:
Answer by ikleyn(52803) About Me  (Show Source):
You can put this solution on YOUR website!
.

    147.50 + 5.75x = 7x.


Solve for x.



Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant each day for the owner to break even ?
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The profit is $7 - $5.25
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Divide $147.50 by the profit