Math Problem Statement
Ms. Snow spends Php 21 to buy an apple at a local market. She rents a space for Php 840 daily and sells the apples for Php 35 per piece.
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If Ms. Snow can sell 50 apples a day, how much is her total daily revenue?
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If Ms. Snow can sell 50 apples a day, how much is her total cost?
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If Ms. Snow can sell 50 apples a day, did the store achieve profit, loss, or break-even? 4. If she did not achieve break-even, how much is her profit/loss?
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How many apples should she sell to achieve break-even?
Solution
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Math Problem Analysis
Mathematical Concepts
Revenue and Cost Analysis
Break-even Analysis
Linear Equations
Formulas
Total Revenue = Selling Price × Quantity Sold
Total Cost = (Cost Price × Quantity) + Fixed Costs
Profit/Loss = Total Revenue - Total Cost
Break-even Point: Selling Price × x = Cost Price × x + Fixed Costs
Theorems
Break-even Theorem
Suitable Grade Level
Grades 7-10
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