Functions can be applied in real life situations. One of the applications can be seen in business. The Total Cost is given as C(x)=Vx +F, where C is the total cost, V is the variable cost, F is the...

Functions can be applied in real life situations. One of the applications can be seen in business. The Total Cost is given as C(x)=Vx +F, where C is the total cost, V is the variable cost, F is the fixed cost and x is the number of units. On the other hand, Total Revenue is given as R(x)=px, where p is the price per x unit. The Total Profit is given as P(x)=R(x)-C(x), such that if P(x)=0, then it is said to be breakeven. If the IECEP SLU-Student Chapter is to have a fund raising project by selling cupcakes and the cost to make each cupcake is P12.00(variable cost) and is being sold for P25.00(price of the cupcake). The organization has already spent P793.00 (fixed cost) in paying for the utilities. Determine whether the organization will gain or loss a profit if 60 cupcakes were sold.