To calculate: The number of necklaces to be sold to make a profit of $225.
Answer to Problem 4E
The number of necklaces to be sold to make a profit of $225 are
Explanation of Solution
Given information:
Marla purchased 50 necklaces for $400 and it costs $3 for each personalized engraving. And per necklace cost is $20.
Calculation:
Consider the provided information that Marla purchased 50 necklaces for $400 and it costs $3 for each personalized engraving. And per necklace cost is $20.
Since, cost of 50 necklaces is $400. So, cost of 1 necklace is
Therefore, cost of 1 necklace is $8.
Now, additional cost for 1 necklace for engraving is $3,
Total cost of 1 necklace is,
Amount charge for one necklace is $20.
So, profit on 1 necklace is,
Therefore, the number of necklaces sold to make a profit of $225 are,
Thus, the number of necklaces to be sold to make a profit of $225 are
Chapter 3 Solutions
Algebra 2
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