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Profit & Break-Even Analysis: Business Algebra Challenge

Authored by Anthony Clark

English, Mathematics

11th Grade

CCSS covered

Used 2+ times

Profit & Break-Even Analysis: Business Algebra Challenge
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company sells a product for $50 each. The fixed costs are $2000, and the variable cost per product is $30. How many products must the company sell to break even?

100

150

120

80

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A restaurant has fixed monthly costs of $5000. If each meal sold generates a profit of $15, how many meals must the restaurant sell to cover its costs?

500

334

400

250

Tags

CCSS.6.EE.B.7

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A startup invests $10,000 in marketing and expects to earn $200 per sale. If the variable cost per sale is $100, how many sales are needed to achieve a profit of $5,000?

200

300

100

150

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A clothing store has a profit margin of 40% on its products. If the store's total sales for the month are $15,000, what is the total profit?

$4,500

$3,000

$7,500

$6,000

Tags

CCSS.6.EE.B.6

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A gym charges a monthly membership fee of $40. If the gym has 150 members, what is the total revenue generated in a month?

$8000

$3000

$4000

$6000

Tags

CCSS.HSF-LE.A.1B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company produces gadgets at a cost of $25 each and sells them for $50. If the company wants to make a profit of $10,000, how many gadgets must it sell?

400

200

800

600

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bakery has fixed costs of $1,200 per month and sells cupcakes for $3 each. If the variable cost per cupcake is $1, how many cupcakes must the bakery sell to break even?

500

700

600

800

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