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30 May, 23:26

Jacob is opening a store that sells seat covers. He invested $120 for marketing purposes. His rent is $750. He spends $7 for raw materials for each seat cover he makes. Jacob can sell the seat covers for $28 each. How many seat covers does Jacob have to sell to cover his expenses?

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  1. 30 May, 23:37
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    Answer: he has to sell 42 seat covers.

    Step-by-step explanation:

    Let x represent the number of seat covers that Jacob makes and sells.

    He invested $120 for marketing purposes. His rent is $750. He spends $7 for raw materials for each seat cover he makes. This means that the total amount he would spend in making x seat covers is

    120 + 750 + 7x

    Jacob can sell the seat covers for $28 each. This means that the total revenue that he would generate from selling x seat covers is 28x.

    The number of seat covers he needs to sell to cover his expenditure would be

    28x = 120 + 750 + 7x

    28x - 7x = 870

    21x = 870

    x = 870/21

    x = 41.4

    The number of seat covers must be a whole number and if he sells 41, it wont be enough. Therefore, he has to sell 42 seat covers
  2. 30 May, 23:38
    0
    32 seat covers

    Step-by-step explanation:

    All his expenses add up to $877. Divide 877 by 28 and you end up with 31.32. So he would need to sell at least 32 seat covers the cover all his expenses.
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