Suppose the daily revenue from selling x boxes of candy is given by the equation R = 12x, where R is the revenue in Rs. The daily cost of operating the store and making the candy is given by the equation C = 8x + 96, where C is the making cost in Rs. For how many boxes of candy will revenue exceed making cost?
x >24
For making profit, revenue equation should exceed the making cost equations.
Equation of revenue; R = 12x
Equation of cost; C = 8x + 96.
So, R > C
12x >(8x + 96)
x > 24.