You are a budding entrepreneur and begin a typing service. You buy a personal computer for $1750 on which to do your typing. You charge $5.50 per page for typing. Expenses are $.50 per page for ink, paper, electricity, and other expenses. How many pages must you type to break even?
Answer
A
You must type 318 pages to break even.
B
You must type 636 pages to break even.
C
You must type 350 pages to break even.
D
You must type 292 pages to break even.
Explanation
Each page brings in $5.50, and the cost of supplies and other expenses is $0.50 per page. That leaves $5.00 per page to pay for the $1,750 computer. Divide $1,750 by $5.00 per page to get 350 pages, so the correct choice is C, 350 pages.
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