A shop sells cds. Rent is $400 per week. other ongoing cost total $200 per week. some cds they buy cost $8, some cost $12, some cost $16. They charge 50% more per cd when they sell them tahn when they buy them. This is their profit?
Assume they sell twice as many $8 cd as $12 cds, and twice as many $16 cds as $12 cds.
What is the minimum number of cds they need to sell in a week in order that the profit covers their rent and ongoing?
a) 48
b)96
c) 100
The answer is 100, why?
Assume they sell twice as many $8 cd as $12 cds, and twice as many $16 cds as $12 cds.
What is the minimum number of cds they need to sell in a week in order that the profit covers their rent and ongoing?
a) 48
b)96
c) 100
The answer is 100, why?