January 11th, 2018, 10:26 PM | #481 | |
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January 20th, 2018, 03:46 PM | #482 |
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November 3rd, 2019, 01:31 PM | #483 |
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Equation Conundrum
Hi there,
I was afraid to ask this type of mathematic question. I don't know where to post but I hope someone could help me writing this equation: A book writer published a novel. The first 450 copy cost 60$ a copy. Any other copy after that cost 5$ each. How many copies he has to publish and sell to break even, given that he sells a copy with 28.5$ Any mathematicians here?! Thanks in advance |
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November 3rd, 2019, 02:22 PM | #484 | |
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About 1053 copies i think (assuming all copies would be sold) 450 x 60 = 27.000 600 x 5 = 3.000 total cost: 30.000 $ Selling 1050 copies at 28,5 = 29.925 $ Netto profit per extra printed & sold copy would be 23,5$ so add 3 more copies and you're almost even. Theoretically. i think. |
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November 3rd, 2019, 02:39 PM | #485 | |
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The answer is roughly 1053.19 but what I was looking for is the equation. |
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November 3rd, 2019, 02:42 PM | #486 |
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November 3rd, 2019, 04:22 PM | #487 | |
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Y= 450*(60-28.5)/(28.5-5) = 603.191 Total books to break even = 450+Y = 1053.19 So 1054 books. |
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November 3rd, 2019, 05:36 PM | #488 |
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November 3rd, 2019, 06:35 PM | #489 | |
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Edit: But... even after that... isn't there a grammar mistake? Any other copy after that costs So... what is the trap? Last edited by Roubignol; November 3rd, 2019 at 06:44 PM.. |
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November 3rd, 2019, 06:51 PM | #490 | |
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I think I figure it out, talking to my friend based on your equation: X is the total number of copies needed = Y (copies after the first 450 ones) + 450 Y in your equation resembles exactly that. Y= 603.19 X= 450+603.19(Y)=1053.19 So this is it. Thank you. |
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