Josephine started a business selling cosmetics. She spent $4500 to

Hailie Blevins

Hailie Blevins

Answered question

2022-06-06

Josephine started a business selling cosmetics. She spent $4500 to obtain her merchandise, and it costs her S200 per week for general expenses. She earns $550 per week in sales. What is the minimum number of weeks it will take to make a profit?

Answer & Explanation

Blaze Frank

Blaze Frank

Beginner2022-06-07Added 18 answers

Step 1
To solve this problem we need to determine how many weeks (let's call this w) it will take Josephine's sales to exceed her up front and ongoing weekly costs.
We can represent her weekly sales over w weeks as $ 550 w
And we can represent her up front and weekly costs over w weeks as:
$ 4500 + $ 200 w
Now, we need to know when:
$ 550 w - ( $ 4500 + $ 200 w ) > 0
Solving for w gives:
550 w - 4500 - 200 w > 0
( 550 - 200 ) w - 4500 > 0
350 w - 4500 > 0
350 w - 4500 + 4500 > 0 + 4500
350 w > 4500
350 w 350 > 4500 350
w > 12.9 rounded to the nearest tenth.

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