Problema Solution
Eric sells shirts. It costs him $100 to buy all the shirts and $10 to print designs on the shirts. Eric sells each shirt for $4. So far Eric has sold 20 shirts. Eric uses an equation to calculate his total profit. Write an equation for this situation and determine the slope.
Answer provided by our tutors
First, you'll want to identify the given in the problem.
It costs 100 dollars to purchase all of the shirts and 10 dollars to print the designs on the shirts. The result being a 110 dolar investment prior to his sales. In addition, each shirt is sold for 4 dollars and this becomes the slope of the equation.
Using this info the following equation can be used to find Eric's profit:
P=4x-110
With 4 being the slope.
Overall, after selling the 20 shirts by plugging 20 in for x we get 80-110. So his profit is -30 dollars.
Hope this helps :)