The Bayard High School baseball team is planning to sell T-shirts at the community fair. It costs them $5 for each T-shirt plus a $100 renter's fee for the stand. The team is going to sell the T-shirts for $10 each. How many T-shirts do they need to sell to make a profit?(1 point)
Responses
The team will not make a profit.
The team will not make a profit.
21 T-shirts
21 T-shirts
20 T-shirts
20 T-shirts
19 T-shirts
The team will need to sell 20 T-shirts in order to make a profit.
Calculation:
Total cost = $5 x number of T-shirts + $100
Total revenue = $10 x number of T-shirts
To find the breakeven point:
$10 x number of T-shirts = $5 x number of T-shirts + $100
$5 x number of T-shirts = $100
number of T-shirts = 20
Therefore, the team will need to sell at least 20 T-shirts to cover their costs and make a profit.