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30 August, 12:12

Nancy sells handcrafted bracelets for $6. If her monthly fixed costs are $675 and each bracelet costs her $1.25 to make, how many bracelets must she sell in a month to make a profit?

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  1. 30 August, 14:24
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    im not to sure if its right but i got 112.5

    Step-by-step explanation:

    $675/$6 = 112.5
  2. 30 August, 15:36
    0
    Step-by-step explanation:

    Let x represent the number of handcrafted bracelets that she makes and sells.

    If her monthly fixed costs are $675 and each bracelet costs her $1.25 to make, it means that the total cost of making x bracelets would be

    1.25x + 675

    Nancy sells the handcrafted bracelets for $6. This means that the revenue she gets from selling x bracelets would be 6x

    Profit = revenue - total cost

    Therefore, to make profit, revenue must be greater than total cost. It means that

    6x > 1.25x + 675

    6x - 1.25x > 675

    4.75x > 675

    x > 675/4.75

    x > 142.1

    She must sell not less than 143 bracelets to make profit.
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