Question

HEEELP. . The owner of the “CD Universe” website just bought 1000 CDs by the same musical artist. Each CD cost $6.45. CD Universe decides to sell them to its customers for $12.95 each. What formula could be used to calculate the profit/loss, p, for selling n CDs?

Answer 1

`p=12.95n-6450`

Explanation:

Given :

The owner of the “CD Universe” website just bought 1000 CDs

Each CD cost $6.45. CD Universe decides to sell them to its customers for $12.95 each

To Find: What formula could be used to calculate the profit/loss, p, for selling n CDs?

Solution :

Cost of each CD is $12.95

Cost of 1000 CDs = 6.45*1000=$6450

Selling price of each CD = $ 12.95

So, Selling price of n CDs = $12.95n

So, formula could be used to calculate the profit/loss, p, for selling n CDs :

`p=12.95n-6450`

Hence formula could be used to calculate the profit/loss, p, for selling n CDs is
`p=12.95n-6450`

Answer 2

The total cost of 1000 CD's given that each costs $6.45 is equal to $6450. The revenue is the product of the number of CD's sold, n, and the selling price of each is $12.95. The equation for the profit or loss of "CD Universe" is,                    P = 12.95n - 6450