Question

Imagine you are starting an office supply business. Your overall costs for supplies are $100. You plan on selling binders for $4 each and pencils for $2 each. Let x represent the number of binders sold and y represent the number of pencils sold.

Answer 1

Complete question :

Imagine you are starting an office supply business. Your overall costs for supplies are $100. You plan on selling binders for $4 each and pencils for $2 each. Let x represent the number of binders sold and y represent the number of pencils sold. Give an expression for the profit made.

Answer:

(2y + 4x) - $100

Explanation:

Given that:

Cost of supply = $100

Supplies :

binders, sales price = $4

Pencils, sales price = $2

Number of binders sold = x

Number of pencils sold = y

The revenue from sale :

(Cost of pencils * number of pencils) + (cost of binders * number of binders)

Revenue = 2y + 4x

Profit, p = Revenue - Cost of supply

p = (2y + 4x) - $100