Problem

13. You borrow $\$ 60$ to buy a bread making machine. You charge customers $\$ 1.50$ per loaf for your special bread. Write a rule to describe your profit as a function of the number, $n$, of loaves sold.

Answer

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Answer

Step 7: Check the result: Plug in different values for \(n\) to calculate the corresponding profit

Steps

Step 1 :Step 1: Understand the problem

Step 2 :Step 2: Define variables: \(n\) represents the number of loaves sold and \(P\) represents the profit

Step 3 :Step 3: Determine the cost: The cost is \$60

Step 4 :Step 4: Determine the revenue: The revenue is \(1.50n\)

Step 5 :Step 5: Calculate the profit: \(P = 1.50n - 60\)

Step 6 :Step 6: Simplify the rule: \(P = 1.50n - 60\)

Step 7 :Step 7: Check the result: Plug in different values for \(n\) to calculate the corresponding profit

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