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The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray

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The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray  [#permalink]

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New post 22 Oct 2018, 20:34
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  15% (low)

Question Stats:

85% (05:22) correct 15% (00:59) wrong based on 61 sessions

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The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The crayons sell for 10 cents each. What is the minimum number of crayons that need to be sold so that the revenue received recoups the manufacturing cost?

A. 50

B. 57

C. 60

D. 61

E. 95

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Re: The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray  [#permalink]

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New post 22 Oct 2018, 20:41
Cost price(CP): 570+0.5x
Selling price(SP): 10x
SP = CP
10x = 570+0.5x
9.5x = 570
x = 60

Answer is C

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Re: The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray  [#permalink]

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New post 22 Oct 2018, 21:11
To "recoup" CP = SP
or, 570 + 0.5x = 10x
or, 9.5x = 570
or, 95x = 5700
or, x = 60.

Answer: C

However, if the aim was to gain profit, then 61 would have been the answer.
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Re: The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray  [#permalink]

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New post 23 Oct 2018, 06:26
Bunuel wrote:
The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The crayons sell for 10 cents each. What is the minimum number of crayons that need to be sold so that the revenue received recoups the manufacturing cost?

A. 50

B. 57

C. 60

D. 61

E. 95


10x = 570 + 0.5x

Or, 9.5x = 570

Or, 95 = 5700

So, x = 5700/95

Or, x = 60, Answer must be (C)
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Re: The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray  [#permalink]

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New post 25 Oct 2018, 08:21
Bunuel wrote:
The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The crayons sell for 10 cents each. What is the minimum number of crayons that need to be sold so that the revenue received recoups the manufacturing cost?

A. 50

B. 57

C. 60

D. 61

E. 95


Letting x = the number of crayons sold, we can create the equation:

10x = 570 + 0.5x

9.5x = 570

x = 60

Answer: C
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Re: The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray &nbs [#permalink] 25 Oct 2018, 08:21
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The cost, in cents, of manufacturing x crayons is 570 + 0.5x. The cray

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