Answered

Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Eduardo started a business selling sporting goods. He spent $7500 to obtain his merchandise, and it costs him $300 per week for general expenses. He earns $850 per week in sales. What is the minimum number of weeks it will take for Eduardo to make a profit?

15 weeks

13 weeks

12 weeks

14 weeks

Sagot :

SlowZasob
We may check it with each answer:

In 15 weeks he will earn $850 * 15 = $12 750
In 13 weeks he will earn $850 * 13 = $11 050
In 12 weeks he will earn $850 * 12 = $10 200
In 14 weeks he will earn $850 * 14 = $11 900

Now let's check how much he will spend for general expenses:

In 15 weeks he will spend $300 * 15 = $4 500
In 13 weeks he will spend $300 * 13 = $3 900
In 12 weeks he will spend $300 * 12 = $3 600
In 14 weeks he will spend $300 * 14 = $4 200

Now add $7500 to each option:

15 weeks: $4 500 + $7 500 = $12 000
13 weeks: $3 900 + $7 500 = $11 400
12 weeks: $3 600 + $7 500 = $11 100
14 weeks: $4 200 + $7 500 = $11 700

So:

In 15 weeks he will have expenses of $12 000 and he will earn $12 750
In 13 weeks he will have expenses of $11 400 and he will earn $11 050
In 12 weeks he will have expenses of $11 100 and he will earn $10 200
In 14 weeks he will have expenses of $11 700 and he will earn $11 900

In 12 and 13 weeks Eduardo won't earn enough money to have a profit, but he will obtain it after 14 and more weeks.

Answer: 14 weeks
RealAhmadShaker

I took this question in a quiz a couple of days ago and the correct answer is 14 weeks

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.