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14 August, 20:52

Stefan sells Jin a bicycle for $114 a for $18. The total cost for Jin is 120% of what Stefan spent or to buy the bike and helmet. How much did Stefan spend originally to but a bike and helmet. How much money did he make by selling the bicycle and helmet to jin?

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  1. 14 August, 20:57
    0
    The selling cost for Stefan bicycle = $114 and

    the selling cost of a helmet = $18.

    The total cost for Jin is 120% of the money spent.

    Let us assume purchasing cost of a bicycle = $x.

    Purchasing cost of a halmet = $y.

    For bicycle

    120% of x is $114

    => 1.20 * x = 114

    Dividing both sides by 1.20, we get

    x=$95.

    For helmet.

    120% of y is $18.

    => 1.20 * y = 18.

    Dividing both sides by 1.20, we get

    y = $15.

    Therefore, Stefan spent originally to buy a bike $95 and $15 to buy a helmet.

    $114 - 95 = $19

    $18 - 15 = $3.

    Therefore, he made $19 by selling the bicycle and $3 by selling the helmet to Jin.
  2. 14 August, 20:58
    0
    A company plans to sell bicycle helmets for $26 each. The company's business manager estimates that the cost, y, of making x helmets is a quadratic function with a y-intercept of 8,400 and a vertex of (500, 15,900).

    B

    How many helmets must the company make and sell to break even?

    600

    How much will it cost the company to make 600 helmets?

    15,600
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