A booth in a mall sells calendars. The calendars are purchasedfor $3.26 each and then sold to customers at a price of $11.21.Space is rented for $185.00 per day and wages amount to $271.00 perday. Answer each of the following independent questions.
(a) If the wages decrease to $219.51 per day, and othervariables remain the same, how many calendars must be sold tobreak even?
(b) If the calendars are put on sale at 20% off the regularprice, and all other variables remain the same, calculate profitsif 206 calendars are sold in a day?
A booth in a mall sells calendars. The calendars are purchased for $3.26 each and then sold to customers at a price of
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