SOLUTION: Can you please help me with this problem: A photo-processing kiosk charges $0.25 for each print it produces. The cost of producing the print is $0.08 per print. The overhead c

Algebra ->  Probability-and-statistics -> SOLUTION: Can you please help me with this problem: A photo-processing kiosk charges $0.25 for each print it produces. The cost of producing the print is $0.08 per print. The overhead c      Log On


   



Question 497848: Can you please help me with this problem:

A photo-processing kiosk charges $0.25 for each print it produces. The cost of producing the print is $0.08 per print. The overhead cost $45.00 per day to rent and staff the kiosk. How many prints must be produced each day to realize a profit of at least $50.00 per day?

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let the daily profit = P
Let p = number of prints produced daily
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+P+=+.25p+-+.08p+-+45+
+P+=+.17p+-+45+
If +P+=+50+
+50+=+.17p+-+45+
+.17p+=+50+%2B+45+
+p+=+95%2F.17+
+p+=+558.8+
559 prints must be produced daily to make
a profit of $50 /day