Question

A local talent is selling underground CD’s to get his rap career off the ground.

Each crate contains 60 blank CD’s.

Each crate cost $35.

How much should he sell his CD’s to make a profit of $85?

Answer 1

He should sell his CD's for $2.

Explanation:

Each crate contains 60 blank CD’s and each crate cost $35.

This means that he will pay $35 for 60 CD's.

How much should he sell his CD’s to make a profit of $85?

He will sell each of the 60 CD's for x, which means that his earnings will be of 60x.

Profit: Earnings - Cost = 60x - 35

To make a profit of $85

`60x - 35 = 85`

`60x = 120`

`x = (120)/(60)`

`x = 2`

He should sell his CD's for $2.