Question

Samir, a carpenter, spent $300 on specialty tools to make toy horses for children. For each horse he makes, he spends $75 on supplies. He charges $125 for each horse. How many horses must Samir sell in order to break even?

Answer 1

let x = number of horses

assume that the 300 is a one-time cost

"75 dollars on supplies per horse" the total cost for this can be represented by 75*x

so the total cost equation is 75x + 300

"He charges $125 for each horse"

this can be represented as 125*x

therefore, to find the break-even point, you will need to set

125x = 75x + 300

and solve for x

if you get a decimal/fraction, round up to the nearest whole #

Answer 2

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