SOLUTION: The cost to produce x number of sport hats is c = 200 + 25x. The selling price is 45. Approximately how many hats were sold if the seller made a profit of 3000?
Question 858067: The cost to produce x number of sport hats is c = 200 + 25x. The selling price is 45. Approximately how many hats were sold if the seller made a profit of 3000? Answer by josgarithmetic(39620) (Show Source):
You can put this solution on YOUR website! x were sold and x were produced.
profit = revenue - cost , but this assumes that exactly x were both produced and sold.
Solve for x.