Locker 1 has more storage space because it has a greater volume.
The volume of locker 1 is 8,640 (48x15x12)
The volume of locker 2 is 7,200 (60x10x12)
I hope this helps.
Fixed costs:
$350 + $120 + $170 = $640
Variable costs:
x * ( $6.50 + $3.64 ) = x * 10.14
Sales income ( total ):
x * $36.40
FC + FV - Income = 0
640 + 10.14 x - 36.40 x = 0
640 - 26.26 x = 0
26.26 x = 640
x = 640 : 26.26 = 24.37
Answer:
The minimum number of passengers needed per cruise, so that the cruise company can be sure it will make a profit is 25.
The answer should be Two and Three ...
If you would like to know what was the percent decrease in price, you can calculate this using the following steps:
x% of $299.99 is $180.55
x% * 299.99 = 180.55
x/100 * 299.99 = 180.55
x = 180.55 * 100 / 299.99
x = 60.19%
100% - 60.19% = 39.81%
The correct result would be 39.81%.