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23 December, 06:16

A slushy representative convinces you to lease a machine for $200 per month. You discover that you are selling $900 per month of slushies at a margin of 30%. Are you making money on the machine?

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  1. 23 December, 06:20
    0
    Yes, you are making a profit.

    Step-by-step explanation:

    Let x represent the number of months. Leasing a machine at $200 per month would give us the expression - 200x (negative since we pay the money).

    We sell $900 per month of slushies, and our profit margin is 30%. This means we make 30% profit on the slushies; this gives us the expression 0.3 (900x).

    Adding these together, we have

    -200x+0.3 (900x) = - 200x+270x = 70x

    We earn $70 per month on the machine.
  2. 23 December, 06:26
    0
    If it cost $200 per month and you are makeing $900 per month you are making money off the machine.
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