Anna makes hand-painted plates. Her overhead cost are $750 per week, and she pays an additional $10 per plate in material cost. If Anna sells the plates for $25 each, how many plates does she have to sell each week before she can make a profit?

Question

Mathematics

Roderick Pope

22 February, 05:30

Anna makes hand-painted plates. Her overhead cost are $750 per week, and she pays an additional $10 per plate in material cost. If Anna sells the plates for $25 each, how many plates does she have to sell each week before she can make a profit?

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Answers (1)

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Randy Morton · Answer 1

From the question we get the following equation:

750+10p=25p

750=15p

p = 750/15

p=50

So if Anna sells 50 plates she will earn total $1250. Her cost are 750 + 50*10 = $1250. That means that Anna break even when she sells 50 plates. The question are when is Anna making a profit? When Anna sells more than 50 plates.