SOLUTION: Suppose you start an ice cream business. You buy a freezer for $200. It costs you $.45 to make each single-scoop ice cream cone. You sell each cone for $1.25. How many cones do you

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Suppose you start an ice cream business. You buy a freezer for $200. It costs you $.45 to make each single-scoop ice cream cone. You sell each cone for $1.25. How many cones do you      Log On


   

Question 841289: Suppose you start an ice cream business. You buy a freezer for $200. It costs you $.45 to make each single-scoop ice cream cone. You sell each cone for $1.25. How many cones do you need to sell to break even?
Answer by josgarithmetic(39630) About Me  (Show Source):
You can put this solution on YOUR website!
If revenue-cost=0, then sales break even. This means zero profit.
Cost is what the business spends.

Let v = how many cones sold

Cost+=+200%2B0.45v
Revenue=1.25v

Break-even, 200%2B0.45v=1.25v
1.25v-0.45v=200
%281.25-0.45%29v=200
1.8v=200
v=200%2F1.8
highlight%28v=111%29 should be close enough although because of the small fraction included, maybe highlight%28v=112%29 is a better answer; you do not sell 0.111 ice cream cones.