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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?
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well assign variables to how many you sell first!
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?
i got 2,000?
how ... I got more! as in >3000. write out your equation ;)
I divided 50,000 by 25
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