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Sam sells necklaces for $10 each. Each necklace costs her $5 to make. She also has $5,000 in fixed costs per year for her jewelry business. How many necklaces must she sell in o…

Sam sells necklaces for $10 each. Each necklace costs her $5 to make. She also has $5,000 in fixed costs per year for her jewelry business. How many necklaces must she sell in o…
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3 votes
Sam sells necklaces for $10 each. Each necklace costs her $5 to make. She also has $5,000 in fixed costs per year for her jewelry business. How many necklaces must she sell in order to make a profit of $1,000 in one year.

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User Iamthestreets
by
8.7k points

2 Answers

4 votes
The answer is 200.
You have to figure out how much the profit is per necklace (10-5=5) and then take the profit of $1,000 and divide that by 5 and you get 200
answered
User Gabriel Amram
by
8.3k points
1 vote

Answer: 1200

Explanation:

answered
User Robert Hunt
by
7.5k points
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