Carrillo Jimenez
03/24/2024 · Primary School
A popular donut shops uses the following two equations to calculate their revenue and their cost. The cost is calculated using \( E=0.15 n+6800 \) where \( E \) represents the monthly expenses, and \( n \) is the number of donuts that the shop made that month. The revenue is calculated using \( R=0.85 n \) where \( R \) is the monthly revenue, and \( n \) is the number of donuts sold that month. Calculate the monthly break-even point. Round your answer to the next largest donut. \( n=\square \) donuts
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
To find the monthly break-even point, we need to set the revenue equal to the expenses:
\[
R = E
\]
Substituting the equations for revenue and expenses:
\[
0.85n = 0.15n + 6800
\]
Now, we will solve for \( n \):
1. Subtract \( 0.15n \) from both sides:
\[
0.85n - 0.15n = 6800
\]
2. This simplifies to:
\[
0.70n = 6800
\]
3. Now, divide both sides by \( 0.70 \):
\[
n = \frac{6800}{0.70}
\]
4. Calculating the right side:
\[
n = 9714.2857
\]
Since we need to round to the next largest donut, we round \( 9714.2857 \) up to \( 9715 \).
Thus, the monthly break-even point is:
\[
n = 9715 \text{ donuts}
\]
Quick Answer
The monthly break-even point is 9715 donuts.
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