A bookstore costs $105 a day to keep open, and it spends $12 for each book
1 answer:
After selling 35 books, the store will break-even.
Step-by-step explanation:
Given,
Cost required per day to keep store open = $105
Amount spent on each book = $12
Let,
n be the number of books.
Total costs = 12n + 105
Selling price of each book = $15
Total revenue = 15n
For braking even;
Costs = Revenue
Dividing both sides by 3
After selling 35 books, the store will break-even.
Keywords: revenue, cost, division
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