it costs a certain company $15 to produce a clock that sells for $60. what is the minimum number of these…

it costs a certain company $15 to produce a clock that sells for $60. what is the minimum number of these clocks the company must produce and sell to earn a profit of at least $27,000?\na 360\nb 450\nc 600\nd 1,350\ne 1,800

it costs a certain company $15 to produce a clock that sells for $60. what is the minimum number of these clocks the company must produce and sell to earn a profit of at least $27,000?\na 360\nb 450\nc 600\nd 1,350\ne 1,800

Answer

Explanation:

Step1: Calculate the profit per clock

Profit per clock = Selling price - Cost price. Profit per clock = (60 - 15=$45)

Step2: Set up an inequality for total profit

Let (n) be the number of clocks. The total profit (P = 45n). We want (P\geq27000). So, (45n\geq27000)

Step3: Solve the inequality for (n)

Divide both sides of the inequality (45n\geq27000) by (45). (n\geq\frac{27000}{45}) (n\geq600)

Answer:

C. 600