217k views
2 votes
Jacob is opening a store that sells seat covers. He invested $120 for marketing purposes. His rent is $750. He spends $7 for raw materials for each seat cover he makes. Jacob can sell the seat covers for $28 each. How many seat covers does Jacob have to sell to cover his expenses?

User Oadams
by
3.4k points

2 Answers

5 votes

Answer:

32 seat covers

Explanation:

All his expenses add up to $877. Divide 877 by 28 and you end up with 31.32. So he would need to sell at least 32 seat covers the cover all his expenses.

User Sootsnoot
by
3.9k points
7 votes

Answer: he has to sell 42 seat covers.

Explanation:

Let x represent the number of seat covers that Jacob makes and sells.

He invested $120 for marketing purposes. His rent is $750. He spends $7 for raw materials for each seat cover he makes. This means that the total amount he would spend in making x seat covers is

120 + 750 + 7x

Jacob can sell the seat covers for $28 each. This means that the total revenue that he would generate from selling x seat covers is 28x.

The number of seat covers he needs to sell to cover his expenditure would be

28x = 120 + 750 + 7x

28x - 7x = 870

21x = 870

x = 870/21

x = 41.4

The number of seat covers must be a whole number and if he sells 41, it wont be enough. Therefore, he has to sell 42 seat covers

User Samit
by
3.3k points