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22 Oct 2018, 21:34
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C
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Difficulty:
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85% (01:54) correct
15%
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wrong
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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
A. 50
B. 57
C. 60
D. 61
E. 95
22 Oct 2018, 21:41
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Cost price(CP): 570+0.5x
Selling price(SP): 10x
SP = CP
10x = 570+0.5x
9.5x = 570
x = 60
Answer is C
Posted from my mobile device
Selling price(SP): 10x
SP = CP
10x = 570+0.5x
9.5x = 570
x = 60
Answer is C
Posted from my mobile device
22 Oct 2018, 22:11
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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.
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.
