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An Exhibitor is selling decorative wreaths at an arts and craft show. The net profit P in dollars from the sales of the Wreaths is given by Exhibitor is selling decorative wreaths at an arts and craft show. The net profit P in dollars from the sales of the Wreaths is given by P(n)=0.75n-50, where N is the number of wreaths sold. How many wreaths must the exhibitor sell in order to earn a net profit of $100

Answer :

Given:

An Exhibitor is selling decorative wreaths at an arts and craft show.

The net profit P in dollars from the sales of the Wreaths is given by [tex]P(n)=0.75n-50[/tex] , where N is the number of wreaths sold.

We need to determine the number of wreaths sold to earn a net profit of $100.

Number of wreaths sold:

The number of wreaths sold to earn a profit of $100 can be determined by substituting P(n) = 100 in the equation [tex]P(n)=0.75n-50[/tex], we get;

[tex]100=0.75n-50[/tex]

[tex]150=0.75n[/tex]

[tex]\frac{150}{0.75}=n[/tex]

[tex]200=n[/tex]

Thus, the number of wreaths sold is 200.

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