Bebot sells cactus at a plant show. He pays Php 150 per day for the rent of the space. He buys each cactus for Php 35 and sells it for Php 50. As a consultant you are going to make a WRITTEN REPORT base on the following:
-What is the profit for each cactus sold?
- How many cactus plants must he sell to have a profit of Php 120?
-How many cactus plants must he sell to break-even?
-If his profit for a day's work was Php 210, how many cactus plants did he sell?
Represent the relation of the given in three ways: table of values, mapping and graphing.
-What is the profit for each cactus sold?
- How many cactus plants must he sell to have a profit of Php 120?
-How many cactus plants must he sell to break-even?
-If his profit for a day's work was Php 210, how many cactus plants did he sell?
Represent the relation of the given in three ways: table of values, mapping and graphing.
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a. The profit for each cactus sold is 15 pesos.
Formula:
profit = selling price - variable cost
profit = 50 - 35
profit = 15 pesos
b. He must sell 18 cactus plants to earn 120 pesos profit.
Formula:
profit + fixed cost (rent) = # of cactus sold (profit for each cactus plant)
120 + 150 = # of cactus sold (15)
# of cactus sold = 18
c. He must sell 10 cactus plants to break-even.
Formula:
break even (units) = fixed cost / profit for each plant
break even (units) = 150 / 15
break even (units) = 10
d. He sold 24 cactus plants for a days he earned 210 pesos profit.
profit + fixed cost (rent) = # of cactus sold (profit for each cactus plant)
210 + 150 = # of cactus sold (15)
# of cactus sold = 24