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Question 1174763: 1) A jazz concert brought $137,000 on the sale of 8,800 tickets. If the tickets sold for $10 and $20 each, how many of each type were sold?
The number of $10 tickets is _____
2) You have $500,000 in an IRA ((Individual Retirement Account) at the time you retire. You have the option of investing this money in two funds. Fund A pays 4.9% annually and Fund B pays 7.4 % annually. How should you divide your money between Fund A and Fund B to produce an annual interest of $32,750?
You should invest $__ in Fund A and $___ in Fund B.
3) Retail prices in a department store are obtained by marking up the wholesale price by 60%. That is, retail price is obtained by adding 60% of the wholesale price to the wholesale price.
A) What is the retail price of a suit if the wholesale price is $400? I need the answer of A only. You don't have to answer B
B) What is the wholesale price of a pair of jeans if the retail price is $80?
What is the retail price of a suit if the wholesale price is $400?
The retail price is $____
4) The bus fare in a city is $2.00. People who use the bus have the option of purchasing a monthly coupon book for $24.00. With the coupon book, the fare is reduced to $0.50. How many times must someone use the bus so that the total monthly cost without the coupon book is the same as the total monthly cost with the coupon book?
Express the total monthly cost to use the bus with a coupon book, f, as a function of the number of times in the month the bus is used, x. Then express the total monthly cost to use the bus without a coupon book, g, as a function of the number of times in the month the bus is used, x.
f(x)= ____ g(x)=_____
5) One employee of a computer store is paid a base salary of $4,000 a month plus an 8% commission on all sales over $6,000 during the month. How much must the employee sell in one month to earn a total of $5,000 for the month?
Write an equation required to find the solution, using x to represent the amount of sales, in dollars, by the employee.
6) A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting, and so on) at $52,000, and variable costs (printing, paper, binding, shipping) at $2.80 for each book produced. If the book is sold to distributors for $16 each, how many must be produced and sold for the publisher to break even?
The publisher must produce and sell____ books to break even.
Answer by greenestamps(13198)   (Show Source):
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