Question

Happy Card Co. designs personalized cards which cost $1.10 per card. The fixed cost to make the cards is $264 per day. If the company charges $5.10 per card, how many cards must be delivered daily to make a profit of $52? Show work below.​

Answer 1

Explanation:

x = number of cards

the production costs (PC) per day are

PC(x) = 264 + 1.1x

the sales (S) are

S(x) = 5.1x

the profit (P) per day is sales minus costs

P(x) = S(x) - PC(x) = 5.1x - (264 + 1.1x) =

= 5.1x - 264 - 1.1x = 4x - 264

we need to find the value of x, so that P(x) = 52.

52 = 4x - 264

316 = 4x

x = 316/4 = 79

79 cards must be delivered daily to make a profit of $52.