The percent of change = ((new value - old value) / old value) × 100%
Our new value = $261.50
Our old value = $382
Plug our values into the equation above.
(($261.50 - $382) / $382) × 100% = -31.54%
Answer:
40x - 300,000
7,500
Step-by-step explanation:
profit = revenue - cost
p(x) = 75x - (35x + 300,000)
p(x) = 40x - 300,000
Break even is when profit is zero
40x - 300,000 = 0
40x = 300,000
x = 7,500
X = 7
y = 10
x + y = 700
7x + 10y = 6400
10x + 10y = 7000
(-) 7x + 10y = 6400
______________
3x = 600
x = 200
200 + y = 700
y = 500
