Floyd is an aspiring music artist. He has a record contract that pays him a base rate of \$200$200 a month and an additional \$12$12 for each album that he sells. Last month he earned a total of \$644$644.
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Answer:
i) equation for his total earning is S = 12x + 200
ii) the total album sold by him in last month is 37
Step-by-step explanation:
Fixed cost = $ 200
variable cost = $ 12
let the total album sold = x
Let the total amount earned = S
hence,
S = 12x + 200
which is the required equation for his total earning.
Given that total amount earned = 644
=> S = 644
=> 644 = 12x + 200
=> 12x = 444
=> x = 444/12 = 37
hence the total album sold by him in last month is 37
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