ASU bookstore is selling silkscreened Tshirts for the Thanks
ASU bookstore is selling silk-screened T-shirts for the Thanksgiving Homecoming game. The setup fee is SI50.00. The total cost to produce 100 T-shirts is S2000. The bookstore will sell the T-shirt for S25. How much is the bookstore paying for each shirt? The bookstore wants to produce 600 T-shirts. Should the bookstore produce the shirts? Please explain your strategy for solving this problem Please explain why you selected any formula, graph or technique to solve this problem. Please identify all of the key elements of the problem. Please explain your conclusion Please use correct spelling, grammar and punctuation. Please use correct mathematical terminology.
Solution
setup fee=150
cost of 100 T-shirts=2000
total cost =150+2000=2150
then amount that book store pays for each shirt= 2150/100=$21.50
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selling price of each shirt =25
then total price of 100 T-shirts=25*100=2500
as selling price is more than cost so Yes book store can produce the shirts.
