To find: the number of sold items to make a profit of at least $225.
Answer to Problem 4E
M needs to sell at least 38 necklaces so, as to make a profit of $225.
Explanation of Solution
Given information:
M sells engraved necklaces over the internet. She purchases 50 necklaces for $400, and it costs her an additional $3 for given personalized engraving. If she charges $20 for given necklace.
Calculation:
Total price at which the necklaces were purchased is $400.
And, extra cost for given personalized engraving is $3.
So, total extra cost for given personalized engraving is
Now, as to make a profit of $225. M has to sell it by the below given price.
Also, rate of each necklace is $20.
Thus, total number of necklace is calculated below:
Thus, M needs to sell at least 38 necklaces so, as to make a profit of $225.
Chapter 3 Solutions
Glencoe Algebra 2 Student Edition C2014
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