If the revenue for the week is $2000, and labor cost consist of two workers earning $8 per hour who works 40 hours each, whay is
1 answer:
Two workers earning 8 bucks an hour for 40hrs, well, that means each worker is making 8*40 or 320 bucks, now, is two workers, so 320+320 or 640 is the total cost then.
now, the revenue, sales income, is 2,000 bucks, how much is 640 off of?
well, if we take 2000 to be the 100%, what is 640 in percentage off of it?
solve for "x".
now, the revenue, sales income, is 2,000 bucks, how much is 640 off of?
well, if we take 2000 to be the 100%, what is 640 in percentage off of it?
solve for "x".
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By some properties of logarithms, rewrite the equation as
so that
(<em>a</em> - 2<em>b</em>)² = <em>ab</em>
Expand the left side:
<em>a</em> ² - 4<em>ab</em> + 4<em>b</em> ² = <em>ab</em>
Rearrange terms to get a quadratic equation in <em>a</em>/<em>b</em> :
<em>a</em> ² - 5<em>ab</em> + 4<em>b</em> ² = 0
<em>b</em> must be greater than 0, otherwise log(<em>b</em>) doesn't exist, and the same goes for <em>a</em>. So we can divide by <em>b</em> ² to get
<em>a</em> ²/<em>b</em> ² - 5<em>a</em>/<em>b</em> + 4 = 0
Factorize and solve for <em>a</em>/<em>b</em> :
(<em>a</em>/<em>b</em> - 4) (<em>a</em>/<em>b</em> - 1) = 0
==> <em>a</em>/<em>b</em> = 4 or <em>a</em>/<em>b</em> = 1
However, if <em>a</em>/<em>b</em> = 1, then <em>a</em> = <em>b</em> makes <em>a</em> - 2<em>b</em> = -<em>b</em>. But we must have <em>b</em> > 0, so we omit the second solution and end up with
<em>a</em>/<em>b</em> = 4