Answer:
restaurant should charge $(6-0.25) = $5.75per sandwich to maximize daily revenue.
the revenue is $1983.75
Step-by-step explanation:
to calculate current revenue= $6 x 330 = $1980
suppose x as the number of times the price to be dropped by $0.25
then find new price.. i.e
new price= $(6-0.25x)
and, new sell=330 +15x sandwiches
therefore, the new revenue would be= (6-0.25x)(330 +15x)
in order to maximize the current revenue, simplify the above equation and make it complete square using x
(6-0.25x)(330 +15x)
=1980-82.5x +90x -3.75
=1980 + 7.5x -3.75
=1980-3.75 (-2x+
) ----> taking out common
now, to make a complete square lets add and subtract 1 inside the parentheses
=1980-3.75(-1+1-2x+
)
=1980 +3.75 -3.75(
-2x +1)
=1983.75 -3.75
---->(1)
as
is positive always, minimize the other term in order to maximize the total revenue.
so the minimum possible value of
= 0
therefore, x=1
putting x in eq(1) the revenure becomes,
$(1983.75-0)=> $1983.75
therefore, restaurant should charge $(6-0.25) = $5.75per sandwich to maximize daily revenue.
the revenue is $1983.75
Answer:
the value of digit 3 in 156.32 =
3 x 0.1 = 0.3
The value of digit 3 in 13 =
3 x 1 = 3
3/0.3=10 times
The value of digit 3 in 13 is 10 ten times the value of digit 3 in 156.32
As long as the (digit in ones/single digit) of a number is equal to 3
The value of digit 3 of it is always 10 ten times the value of digit 3 in 156.32
Answer:
Step-by-step explanation:
Each 90° clockwise turn takes a point (x,y) and transforms it to (y,-x). For a 180° turn you would do this process twice in a row; for a 270° turn, three times in a row.
1) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum simple interest after 6 years are <u>R25,400</u> and <u>R5,400</u> respectively.
2) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum compound interest after 6 years are<u> R26,045.20</u> and <u>R6,045.20</u> respectively.
<h3>Data and Calculations:</h3><h3>Simple Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
Simple interest for 6 years = R5,400 ($20,000 x 6 x 4.5%)
Principal + Interest = R25,400 (R20,000 + R5,400)
<h3>Compound Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
N (# of periods) = 6 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = R20,000
PMT (Periodic Payment) = R0
<u>Results</u>:
FV = R26,045.20
Total Interest = R6,045.2
Learn more about simple and compound interests at brainly.com/question/3575751
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Answer:
X ~ B(n, p)
Given: X ~ B(2, 5/17)
⇒ n = 2
⇒ p = 5/17
Binomial distribution formula:

As n = 2, calculate P(X = 0), P(X = 1) and P(X = 2):



**Probability Distribution Table attached**