Chambers Ortiz
12/26/2023 · Senior High School

14. Magazine Kiosk. The rent on a magazine kiosk is \( \$ 225 \) per month, and the kiosk is open 6 days per week. Suppose that the selling price of each magazine is \( \$ 2.50 \), and the wholesale cost of a magazine when purchased by the retailer is \( \$ 1.00 \). (a) If the kiosk owner needs to make a profit of \( \$ 1,200 \) per month, how many magazines must he sell every day? (b) What profit would the owner make if he sells 900 magazines per month?

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(a) The owner must sell 37 magazines per day. (b) The profit from selling 900 magazines would be $1,125.

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