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Alicia is producing a magazine that costs $3 per magazine to print. In

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Alicia is producing a magazine that costs $3 per magazine to print. In  [#permalink]

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New post 08 Jul 2019, 00:15
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

91% (01:03) correct 9% (03:11) wrong based on 22 sessions

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Re: Alicia is producing a magazine that costs $3 per magazine to print. In  [#permalink]

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New post 08 Jul 2019, 00:21
Assume that she sells x magazine, so so revenue would be 10x and cost is 3x +10500

We need to breakeven hence we can write equation as 10x=3x+10500 - >
7x=10500-> x = 1500

IMO D

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Re: Alicia is producing a magazine that costs $3 per magazine to print. In  [#permalink]

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New post 08 Jul 2019, 00:28
IMO : D

Alicia is producing a magazine that costs $3 per magazine to print. In addition, she has to pay $10,500 to her staff to design the issue. If Alicia sells each magazine for $10, how many magazines must she sell to break even?

A. 750
B. 1,000
C. 1,250
D. 1,500
E. 15,000

let the number of magazines be =x
to break even there is no profit no loss so,

3x+10500=10x
10500=7x
x=1500
Option D
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Re: Alicia is producing a magazine that costs $3 per magazine to print. In  [#permalink]

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New post 08 Jul 2019, 09:30
Bunuel wrote:
Alicia is producing a magazine that costs $3 per magazine to print. In addition, she has to pay $10,500 to her staff to design the issue. If Alicia sells each magazine for $10, how many magazines must she sell to break even?

A. 750
B. 1,000
C. 1,250
D. 1,500
E. 15,000


Printing cost- selling price = 0
3x+10500-10x=0
so 7x=10500
x= 1500
IMO D
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Re: Alicia is producing a magazine that costs $3 per magazine to print. In  [#permalink]

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New post 08 Aug 2019, 04:03
Tried solving it through logic and by eliminating options:

Given: Production cost as$3 per magazine + 10500 additional cost.
Also selling price is $10 per magazine.
Now for break even, we must recover the fixed $ 10500

Option A: 750 *10= 7500
Option B: 1000*10 = 10000
You can eliminate these two options at a glance.

Option C: 1250 *10= 12500
Do some math here: 3*1250 + 10500= 14250
Not getting the break even.

Option D: 1500 *10= 15000
3*1500 + 10500= 15000
Minimum magazine number achieved.

Hence, answer is D.
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Re: Alicia is producing a magazine that costs $3 per magazine to print. In   [#permalink] 08 Aug 2019, 04:03
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