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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
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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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