SOLUTION: Ben is making wooden toys for the next arts and crafts sale. Each toy costs Ben $1.80 to make. If he sells the toys for $3.00 each, how many will he have to sell to make a profit o
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Question 151660: Ben is making wooden toys for the next arts and crafts sale. Each toy costs Ben $1.80 to make. If he sells the toys for $3.00 each, how many will he have to sell to make a profit of exactly $36.00?
Can you please simplify this for me and let me understand how to do it because i have always had trouble doing word problems?
Thank You! :D Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! Ben is making wooden toys for the next arts and crafts sale. Each toy costs Ben $1.80 to make. If he sells the toys for $3.00 each, how many will he have to sell to make a profit of exactly $36.00?
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This is not hard.
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Let x = no. of toy needed to make a 36$ profit
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Total cost for the toys = 1.80*x
Total revenue from selling the toys = 3.00*x
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Revenue - cost = profit, so we have a simple equation
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3x - 1.8x = 36
1.2x = 36
x = divide both sides by 1.2 to find x
x = 30 toys to make $36
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You can check this by substituting 30 for x in the equation: (90 - 54 = 36)
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How about this? Does it make sense to you now?