Mr. Hickory needs to charge more than $60 for each tree in order to make a profit of at least $2500
Let x represent the amount of money charge for each tree.
The cost of growing the trees is $2300.
The revenue = 80x
Profit = Revenue - cost
Hence, to make a profit of at least $2500:
80x - 2300 ≥ 2500
80x ≥ 4800
x ≥ 60
Mr. Hickory needs to charge more than $60 for each tree in order to make a profit of at least $2500.
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