Math Problem Statement

Max is starting a tropical soda stand. Empty bottles cost $0.32 each and ingredients cost $0.10 per bottle. Additionally, Max spent $54 on a bottle-cap sealer. He will sell his soda for $1.50 per bottle. How many bottles of soda must Max sell for his sales to equal his expenses?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Equations
Break-even Analysis

Formulas

Total cost = Variable cost per bottle * Number of bottles + Fixed cost
Total revenue = Price per bottle * Number of bottles
Break-even point: Total revenue = Total cost

Theorems

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Suitable Grade Level

Grades 6-8