Ron wants to make money painting portraits of people at the local mall. The mall
charges Ron $22.00 a day for Ron to set up his materials to sell his portraits. He
charges $15.50 a portrait, but it costs him $3.25 in materials to make that portrait.
Ron wants to be sure he is making money. He needs to sell enough portraits to at
least cover his materials, the mall day fee, and still make a profit of $35 or more. Ron
figures that if he sells 5 portraits, he will cover his expenses and earn $35 or more.
Do you agree? Make sure to show you work or explain your answer to earn full
credit.

Respuesta :

Answer:

  Ron makes more than $35 by selling 5 portraits

Step-by-step explanation:

Ron's costs for 5 portraits are ...

  mall fee + material cost = $22 +3.25(5) = $38.25

Ron's revenue from the sale of 5 paintings is ...

  $15.50(5) = $77.50

So, his profit from the sale of 5 paintings is ...

  profit = revenue -cost = $77.50 -38.25 = $39.25 . . . more than $35

We agree Ron will earn $35 or more by selling 5 portraits.