A booth in a mall sells calendars. The calendars are purchased for ​$3.59 each and then sold to customers at a price of $9.39. Space is rented for $160.00 per day and wages amount to $328.00 per day. Answer each of the following independent questions. (a) If the wages decrease to ​$291.92 per​ day, and other variables remain the​ same, how many calendars must be sold to break​ even? (b) If the calendars are put on sale at 19​% off the regular​ price, and all other variables remain the​ same, calculate profits if 150 calendars are sold in a​ day?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A booth in a mall sells calendars. The calendars are purchased for ​$3.59 each and then sold to customers at a price of $9.39. Space is rented for $160.00 per day and wages amount to $328.00 per day. Answer each of the following independent questions.

(a) If the wages decrease to ​$291.92 per​ day, and other variables remain the​ same, how many calendars must be sold to break​ even?
(b) If the calendars are put on sale at 19​% off the regular​ price, and all other variables remain the​ same, calculate profits if 150 calendars are sold in a​ day?

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