Question

Nancy sells handcrafted bracelets at a flea market for $7. If her monthly fixed costs are $775 and each bracelet costs her $2.75 to make, how many bracelets must she sell in a month to make a profit?

Answer 1

Each bracelet costs $2.75 She sells them for $7 She makes 7-2.75 = $4.25/bracelet Let b = # bracelets To make a profit she has to earn more than $775 4.25b > 775 b > 775/4.25 b > 182 6/17
To make a profit she must sell at least 182 bracelets