Question 1188723: It costs Rita Php 20000000 to develop a market of a new model of car. The company sells each car for Php 500000. how many cars must Rita sell to make more than Php 5000000 profits
Answer by Theo(13342)   (Show Source):
You can put this solution on YOUR website! the cost is 20,000,000.
the price for each car is 500,000.
the desired profit is 5,000,000.
profit = revenue minus cost.
equation becomes:
5,000,000 = 500,000 * x minus 20,000,000.
x represents the number of cars.
add 20,000,000 to both sides of the equation to get:
25,000,000 = 500,000 * x
divide both sides by 500,000 to get:
x = 50.
she needs to sell 50 cars to make a profit of 5,000,000.
to make more, she needs to sell more than 50.
that's your solution.
take 50 cars and multiply them by 500,000 a car and you get revenue of 25 million.
subtract the cost of 20 million from that to get profit of 5 million.
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