Question

Sam sells necklaces for $10 each. Each necklace costs her $5 to make. She also has $5,000 in fixed costs per year for her jewelry business. How many necklaces must she sell in order to make a profit of $1,000 in one year?

a.200
b.600
c.100
d.1200

Answer 1

The answer is D, 1200, because 1200 multiplied by 10 is 12000 but you have to divide be 2 because it costs 5 dollars to make. 1200×10=12000÷2=6000