Question #6403804Short Answer

Math

Question

Gus plans to sell a limited number of T-shirts printed with a design he made. It costs him $690 to purchase the unprinted T-shirts and the screen printing supplies he needs to produce his finished product. He prints 50 shirts, and is sure he will sell them all because his designs are in high demand. He wants his profit (the difference between his sales revenue and his expenses) to be at least 60% of his expenses. If he will only sell his shirts for a whole dollar amount (for example, $8.00), what is the lowest price Gus can set for the shirts? (Disregard the $sign when gridding your answer.)

Answer & Analysis