Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

3. The sales director a manufacturer decides to try out two different methods of distributing and seling a new video game. The game is sold to a retailer for a net profit of $9.90 on each game . The game is also sold at the factory outlet for a net profit of $10.99 on each game. If 500 games are sold by the outlet, many more would have to be sold by the retailer in order for the profit to be about equal

Sagot :

Answer:

The number of games that need to be sold to the retailer in order for the profit to be about equal is approximately 555 games

Step-by-step explanation:

The given parameters are;

The net profit at which each game is sold to a retailer = $9.90

The net profit at which each game is sold at the factory outlet  = $10.99

The number of units sold by the outlet = 500

The amount in profit from selling at the factory outlet = 500 × $10.99 = $5,495.00

The number of games that need to be sold to the retailer in order for the profit to be about equal is given as follows;

Let "x" represent the number of games that need to be sold to the retailer in order for the profit to be about equal

Therefore, we have;

x × $9.90/game = $5,495.00

x = $5,495.00/($9.90/game) = 555.[tex]\overline {05}[/tex] games ≈ 555 games

Therefore, the number of games that need to be sold to the retailer in order for the profit to be about equal = x ≈ 555 games.

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.