Question
The Lakewood baseball team is selling T-shirts for a fundraiser. The shirts cost $100 for the printing design and setup, plus $10 per shirt. The team is going to sell the shirts for $15 each. How many shirts do they need to sell to break even?
To break even, the total revenue from selling the shirts must equal the total cost.
Let x be the number of shirts sold.
Total cost = $100 (design and setup cost) + $10x (cost per shirt)
Total revenue = $15x (selling price per shirt)
To break even, we need to solve the equation:
$100 + $10x = $15x
$100 = $5x
x = 20
The Lakewood baseball team needs to sell 20 shirts to break even.