SOLUTION: You are selling cookies in school souvenir mugs to raise money for your school. You are taking orders so that you know how many mugs you will need to buy. There will be 6 cookies
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Question 236060: You are selling cookies in school souvenir mugs to raise money for your school. You are taking orders so that you know how many mugs you will need to buy. There will be 6 cookies in a mug that will sell for $3.95 per order. You spent $50 on the ingredients to make the cookies plus you will need to pay $1.45 per mug. At least how many orders do you have to take so that you make more than what you spend? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! You are selling cookies in school souvenir mugs to raise money for your school. You are taking orders so that you know how many mugs you will need to buy. There will be 6 cookies in a mug that will sell for $3.95 per order. You spent $50 on the ingredients to make the cookies plus you will need to pay $1.45 per mug. At least how many orders do you have to take so that you make more than what you spend?
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Income: $3.95x where x is the number of cups you sell.
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Overhead: $50+1.45x
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Inequality:
solve 3.95x > 50 + 1.45x
2.50x > 50
x > 20 (# of orders you need to take to make a profit)
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Cheers,
Stan H.
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