SOLUTION: Suppose you invest $1500 in equipment to put pics on t-shirts.You buy each t-shirt for $3.After you have placed the pic on a shirt,you sell it for $20.How many t-shirts must you se

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Suppose you invest $1500 in equipment to put pics on t-shirts.You buy each t-shirt for $3.After you have placed the pic on a shirt,you sell it for $20.How many t-shirts must you se      Log On

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Question 123568: Suppose you invest $1500 in equipment to put pics on t-shirts.You buy each t-shirt for $3.After you have placed the pic on a shirt,you sell it for $20.How many t-shirts must you sell to break even?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let C = cost of making t t-shirts
Let I = income form selling t t-shirts
C+=+1500+%2B+3t
I+=+20t
The break-even point is where income = cost
I+=+C
1500+%2B+3t+=+20t
17t+=+1500
t+=+88.235
The beak-even point is 88 t-shirts