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Mathematics

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Mrs. Merton has decided to set up a pie making business. To set herself up in business she must purchase equipment totalling $200, plus each pie that she makes costs her 25 cents. She is planning to sell her pies for $1. 50 each. If x denotes the number of pies that are made, what is the total revenue at breakeven?

Answer :

mhanifa mhanifa

Today at 4:06 PM

Answer:

$240

Step-by-step explanation:

Breakeven is the revenue with no profit or loss. The money spent is same as money made.

Money spent is

200 + 025x

Money made is

1.5x

Since these are same, the number of pies is

200 + 0.25x = 1.5x
1.5x - 0.25x = 200
1.25x = 200
x = 200/1.25
x = 160

The revenue is

200 + 0.25*160 =
200 + 40 =
240

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