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Math Help - Cost problem

  1. #1
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    Cost problem

    It will cost $450,000,000 to develop a new electric car. Production costs per car are $25,000 and the car will sell for $45,000. How many cars must be sold to net (after all costs) $950,000,000?
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  2. #2
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    Quote Originally Posted by jamesk486 View Post
    It will cost $450,000,000 to develop a new electric car. Production costs per car are $25,000 and the car will sell for $45,000. How many cars must be sold to net (after all costs) $950,000,000?
    Let the number of cars sold be N, now rewrite the above as an equation using N, and solve.

    revenue-costs=net

    CB
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