whats the equation?

Question

A company that produces custom bike license plates spends $5525 Per month in building overhead plus $2.50 per license If the plates sell for $5.99, how many plates must Per month in building overhead plus $2.50 per license plate. If the plates self for $5.99, how many plates must be the company sell each month before making a profi

Answer 1

Let L = the number of  license plates sold

The cost of making the license plates is 5525 + 2.5L.

The income from sales is 5.99L

The break even point is when cost = income, i.e.

5525 + 2.5L = 5.99L

5525 =3.49L

L = 1583.09, i.e. the company must sell 1584 license plates to make any profit.