## Related questions with answers

Question

A small juice company spends $1200 per day on business expenses plus$1.10 per bottle of juice they make. They charge $2.50 for each bottle of juice they produce. How many bottles of juice must the company sell in one day in order to equal its daily costs?

Solution

VerifiedStep 1

1 of 2$1200 + 1.10x = 2.50x\\1200 + 1.10x - 1.1x = 2.50x - 1.10x\\1200 = 1.4x\\1200 \div 1.4 = 1.40x \div 1.4\\857.14 = x$

Costs for the juice company are 1200 per day plus 1.10 per bottle. They sell the bottles for 2.50 each. Let x equal the number of days needed. Set the expenses equal to the income. Solving for x, x equals 857.14. Therefore, on the 858th bottle the company will make enough income to cover the expenses.

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