Great Gifs pays its supplier $65 for each box of 12 bells. The owner wants to determine the minimum amount x he can change his customers per bell in order to make at least a 50% profit per box. What is x? Round to the nearest hundredth of necessary

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Mathematics

Travis

6 February, 22:01

Great Gifs pays its supplier $65 for each box of 12 bells. The owner wants to determine the minimum amount x he can change his customers per bell in order to make at least a 50% profit per box. What is x? Round to the nearest hundredth of necessary

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Irvin Kane · Answer 1

Well to make 50% profit you double that $65 to $130. Then you would divide that by the 12 bells. You get 10.8333 so in order to get that much profit he would sell each bell at about $10.83.