Pam sells handwoven rugs through an online store for $50 each. She spent $98 on weaving equipment, and she spends $38.20 on materials and shipping for each rug. Additionally, the online store charges Pam $4.80 for each order placed on its website.Which equation can you use to find r, the number of rugs Pam must sell for her sales to equal her expenses?Choices:(A) 50r+4.8=38.2r+98(B) 50r=98+38.2r+4.8rHow many rugs must Pam sell for her sales to equal her expenses?___ rugs
Q. Pam sells handwoven rugs through an online store for $50 each. She spent $98 on weaving equipment, and she spends $38.20 on materials and shipping for each rug. Additionally, the online store charges Pam $4.80 for each order placed on its website.Which equation can you use to find r, the number of rugs Pam must sell for her sales to equal her expenses?Choices:(A) 50r+4.8=38.2r+98(B) 50r=98+38.2r+4.8rHow many rugs must Pam sell for her sales to equal her expenses?___ rugs
Set up equation: To find the break-even point where Pam's sales equal her expenses, we need to set up an equation where the total sales (revenue) equals the total expenses (costs).
Calculate revenue: Pam's revenue for selling r rugs is $50 per rug, so the total revenue is 50r dollars.
Calculate expenses: Pam's expenses include a one-time cost of $98 for weaving equipment, plus $38.20 for materials and shipping per rug, and a $4.80 fee per order. Since each rug is an order, the total expense per rug is $38.20+$4.80. The total expenses for r rugs are 98+(38.20+4.80)r dollars.
Set revenue equal to expenses: To find the break-even point, we set the revenue equal to the expenses: 50r=98+(38.20+4.80)r
Simplify equation: Now we simplify the equation: 50r=98+43r
Isolate variable r: Subtract 43r from both sides to isolate the variable r on one side:50r−43r=98
Divide to solve for r: This simplifies to: 7r=98
Calculate value of r: Now, divide both sides by 7 to solve for r:r=798
Calculate value of r: Now, divide both sides by 7 to solve for r:r=798Calculate the value of r:r=14
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