SOLUTION: A vendor will sell sandwiches for $2 each. The cost for supplies is 25cents for each sandwich, plus $10 parking each day. How many sandwiches must he sell to make a profit of $60 e
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Question 528249: A vendor will sell sandwiches for $2 each. The cost for supplies is 25cents for each sandwich, plus $10 parking each day. How many sandwiches must he sell to make a profit of $60 each day? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! A vendor will sell sandwiches for $2 each. The cost for supplies is 25cents for each sandwich, plus $10 parking each day. How many sandwiches must he sell to make a profit of $60 each day?
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Cost(x) = 10 + 0.25x dollars per day
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Revenue = 2x dollars per day
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Profit = Revenue - Cost = 2x - [10+0.25x] = 1.75x -10
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Equation:
1.75x-10 = 60
1.75x = 70
x = 40 (# he must sell to make profit of $60)
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Cheers,
Stan H.
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