Q:

printing a newsletter costs $1.50 per copy plus $450 in printers fees. the copies are sold for $3 each. how many copies of the newsletter must be sold to break even

Accepted Solution

A:
Answer:300 copies of the newsletter must be sold to break even.Step-by-step explanation:Let there are k newspapers sold to break even.Cost price of each paper = $1.50So, the cost price of k newspapers =  k times $1.50  = 1.50 kPrinters fee  = $450Now, total cost of printing k papers  = Printing Fee  + Cost price of k  papers= $450 + $ 1.50k   =  450 + 1.50kSelling price of each paper = $3SO, the cost price of k newspapers =  k times $3  = 3 kNow, to break even TOTAL COST = TOTAL SELLING PRICEor, 450 + 1.50k = 3kor, 450 =  3k - 1.50k⇒ 1.5 k = 450or,  k = 450 /1.5 = 300⇒  k  = 300Hence, 300 copies of the newsletter must be sold to break even.