3. Sonia intends to sell a cheese burger meal with a drink. It costs her P 25 per meal, and theowner of the space charged her P 250 per day for the place. P 25 & P 100 for the water andelectricity respectively were charged to her daily as well.Determine the price of her meal if it needs 15 meals to recover all her expenses.a.b. Determine the profit if the income becomes equal to the total expenses, and if 20 mealswere sold.с.Determine the profit or loss if she sold a total of 10 meals for P45 price per meal.

a. From the given information, the total expenses are P250+P25+P100=P375. Obtain the optimal price…

Answered: 3. Sonia intends to sell a cheese…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Compute the total cost per year of the following pair of expenses. Then complete the sentence: On an annual basis, the first set of expenses is Maria spends $18 on lottery tickets every week and spends $120 per month on food. On an annual basis, the money spent on lottery tickets is% of the money spent to buy food. (Round to the nearest percent as needed.) % of the second set of expenses.
Bose International Inc. had total revenue of $92,150 last year. Its total variable costs and fixed costs for the period were $22,850 and $22,700, respectively. Compute the break-even point in sales dollars. Sales at Break-even: $ (Round off to the nearest cent)
Jane Corporation produces model toy cars. Each sells for $27.66. Its variable cost per unit is $15.13. Assuming it has a fixed cost of $350,840. What is the breakeven point for Jane Corporation?
Mr. Smith is 35 years old. He has the following 2 goals: First goal: To retire when he is 60 years old. He expects to live up to 80 years old. He projects his annual retirement spending to be $200,000 in today's value. He will withdraw the annual spending at the beginning of each year when he retires. Second goal: To leave an amount of $5,000,000 to his son when he passes away when he is 80 years old. He has set up an investment account for the above2 goals a few years ago. Currently, there is $400,000 in that investment account. The rates of return for the investment account are expected to be 4% p.a. before he retires and 3% p.a. after his retires. If inflation rate is expected to be 2% p.a., how much should he save at the end of each year from now until he retires to achieve his goals?
2. Franklin was smart and bought all of his textbooks for college used. This way, he saved 30% on the original price of the textbooks. If the books would have originally cost $315 dollars, how much did Franklin pay? After a 30% discount is removed, what percentage of the original cost remains? How much did Franklin pay?
Assume that Adam’s fixed costs, variable costs, and sales price were the same last year, when he made $21,000 in net income. How many hats did Adam sell last year, assuming a 30% income tax rate? AdamGranger operates a kiosk in downtown Chicago, at which he sells one style of baseball hat. He buys the hats from a supplier for $14 and sells them for $20. Adam’s current breakeven point is 15,000 hats per year.
A salesman works for a base salary of $370 a month plus 5% commission on all the merchandise he sells beyond $4,000. If he sells $6,500 worth of merchandise in one month, what will his total salary be for the month?
2. Jack sold a t-shirt for $100, he made a profit percentage of 25%. Calculate: a. The cost price of the t-shirt b. The amount of profit Jack made. 3. James is a friend of the grocery store owner, the owner allocates to James' name, a special discount of 2% whenever he shops at the store. If James' total $156.20 calculate whether or not James' total would be under $150.00 after the discount. 4. Jake buys a shirt marked at $80. He receives a 10 per cent discount. How much does he pay for the shirt? Section 4 (Measurement) 1. Calculate the are and perimeter of a square with sides 8 cm. 2. Calculate volume of a cube with side 15 m.
f. Now suppose that Lynn contributes nothing to her retirement fund for eight years and then begins contributing $3,000 annually until age 60. How much of her salary would she have contributed to this retirement plan and how much money could she expect to have accumulated at age 60? f?

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