you set up a scrapbook business and make an initial investment of $50,000. The unit of a scrapbook kit is $12 and the selling price is $25. How many kits must you sell to break even?

Question

anonymous · Answer

well assign variables to how many you sell first!

whpalmer4 · Answer

How much profit do you make (selling price - cost of goods sold) per scrapbook?  How many times do you need to do that to make $50,000?

anonymous · Answer

i got 2,000?

anonymous · Answer

how ... I got more! as in >3000. write out your equation ;)

anonymous · Answer

I divided 50,000 by 25