Question

A farmer is selling bushels of corn. When a bushel has inedible stalks, the supermarket gets a discount on the entire bushel. The farmer profits $8 per bushel with all edible stalks and loses $4 for every bushel with inedible stalks. If 95% of the bushels have all edible stalks and 5% have inedible stalks, what is the expected profit the farmer makes?

Answer 1

Answer:

$x= (8*0.95T) + (4*0.05T)$

Step-by-step explanation:

Hello, great question. These types are questions are the beginning steps for learning more advanced Algebraic Equations.

To solve this problem we are going to need to create an Algebraic Equation to find the final price (x). Since we do not have the total amount of bushels we will use variable T to represent this. Therefore we can use the following Algebraic Equation to find the expected profit the farmer makes.

$x= (8*0.95T) + (4*0.05T)$

The above formula gives us the expected profit for the farmer (x)

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