Terry and Ed start a lawn mowing business and purchase the mowers and equipment for $1,300. They charge $15 for each lawn and use $2 worth of gas for each job. How many lawns must Terry and Ed mow before breaking even?
(1 point)
Responses
10 lawns
10 lawns
50 lawns
50 lawns
100 lawns
100 lawns
1,000 lawns
To break even, Terry and Ed need to earn enough money to cover their initial investment of $1,300, as well as the ongoing cost of gas for each job.
For each job, they earn $15 and spend $2 on gas, so their profit per job is $15 - $2 = $<<15-2=13>>13.
To determine how many lawns they need to mow before breaking even, we divide their initial investment of $1,300 by their profit per job of $13:
$1,300 / $13 = 100 lawns
Therefore, Terry and Ed must mow 100 lawns before breaking even.
The correct answer is:
100 lawns