A vehicle accessory shop is considering buying a new style of wheels for $197.00 and selling them at $212.00 for each wheel. Fixed costs related to this new style of wheel amount to $240.00. It is estimated that 33 wheels per month could be sold. (a) How many wheels must they sell to break even? (b) How much profit will the accessory shop make each month?
A vehicle accessory shop is considering buying a new style of wheels for $197.00 and selling them at $212.00 for each wheel. Fixed costs related to this new style of wheel amount to $240.00. It is estimated that 33 wheels per month could be sold. (a) How many wheels must they sell to break even? (b) How much profit will the accessory shop make each month?
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...
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A vehicle accessory shop is considering buying a new style of wheels for $197.00 and selling them at $212.00 for each wheel. Fixed costs related to this new style of wheel amount to $240.00. It is estimated that 33 wheels per month could be sold.
(a) How many wheels must they sell to break even?
(b) How much profit will the accessory shop make each month?
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