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14 Oct 2019, 05:18
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D
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Difficulty:
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Question Stats:
83% (01:19) correct
17%
(02:14)
wrong
based on 187
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Each unit of a certain product costs a manufacturer $9 to produce. The manufacturer sells the product in boxes of 50 units for $560 per box. How many boxes of the product does the manufacturer need to sell to yield a profit of $110,000 ?
A. 90
B. 100
C. 900
D. 1,000
E. 1,100
A. 90
B. 100
C. 900
D. 1,000
E. 1,100
14 Oct 2019, 05:38
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Bunuel
Selling Price of 1 unit = 560/50 = $11.2
--> Profit on each unit = 11.2 - 9 = $2.2
The profit on each box = 2.2*50 = 110
Let the total boxes sold = x
--> Total profit = 110x = 110000
--> x = 1000
IMO Option D
Archit3110
Major Poster
14 Oct 2019, 09:56
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Bunuel
total mfg cost ; 50*9 ; 450$
profit per box ; 560-450 ; 110$
so for profit 110000$ need to sell 110000/110 ; 1000 boxes
IMO D
