The equation p 2r 10500 represents the profit in dollars fo

The equation p= .2r - 10,500 represents the profit (in dollars) for a company, where \"r\" represents revenue (in dollars)

A what is the profit if the revenue is $60,000? I p=1500

B. What revenue must be generated to break even? not sure how to do this?

Solution

given equation is

p= .2r - 10,500

put r = 60000

p = 0.2*60000-10500 = 1500

b )

breakeven means when no profit no loss

so p becomes zero

in  p= .2r - 10,500

.2r = 10500

r = 10500/.2 = 52500

at this revenue the break even would occur