Several students have a really great business plan and decide to start a graphic T-shirt company. After initial expenses of $280, they will purchase each T-shirt wholesale for $3.99. They will then sell the each shirt for $10.99. How many must they sell to break even?

Question

anonymous · Answer

@amistre64

amistre64 · Answer

i order to break even, you have to get as much money as you spend.  Costs has to equal Revenues

amistre64 · Answer

Cost = initial expense + price per Tshirt
Revenue = the selling price per Tshirt

so we need to know the value of T such that:  280+3.99T = 10.99T