Question

A retailer incurs a fixed cost of N$ 330 when purchasing sugar for his stock. He pays N$
15.00 per packet which he resells at N$ 18.00 per packet. How many packets should he
purchase and sell in order to break even ?

Answer 1

Answer:

110 Packets

Step-by-step explanation:

A retailer incurs a fixed cost of N$ 330 when purchasing sugar for his stock. He pays N$ 15.00 per packet which he resells at N$ 18.00 per packet. How many packets should he purchase and sell in order to break even ?

Let Say He Purhase and sell  X number of Packets

Cost = 15X + 330

Selling = 18X

for Break Even

18X = 15X + 330

=> 3X = 330

=> X = 110

110 packets should he purchase and sell in order to break even