Question

or Kenji, an artist, plans to paint and sell some miniature paintings. He just bought some brushes for $100, and paint and canvas for each painting costs $16; he will sell each painting for $18. Once Kenji sells a certain number of his paintings, he will be breaking even. How much will Kenji have earned

Answer 1

50 paintings to break even, a gross profit of 900

Explanation:

He spent 100 on brushes. Paint and canvas per painting is 16.

He sells each for 18.

He makes a profit of 2 for each painting sold, as the cost is 16 and he gets back 18.

18 -16 = 2.

This leaves 100 in debt where he makes 2 back per painting sold.

100 / 2 = 50, where he needs to sell 50 paintings to break even.

If he sells 50 paintings, he would have made a gross profit of 900, with a net profit of 0. For each further painting sold, he would make an additional $2