Answer and explanation:
Profit from sale of model boats = Sales -costs(costs of goods purchases + expenses or charges by the local fair)
John's profit from the sale of model boats can be represented by the equation:
P= 50x-(5x+80)
Where P is profit from the sale of the model boats and x is number of model boats bought and sold. The 80 is constant as it is a fixed cost paid to the local fair.
For example if John buys and sells 20 model boats, he would make profit of:
Substitute x=20 in equation above
P= 50×20-(5×20+80)
P=1000-180
P=$820
It could be said that John is in a very profitable business and his profit is also dependent on volume of sales because the lower his sales the closer he gets to making a loss and not profit
Answer:
4
Step-by-step explanation:
If you set the numbers in order from least to greatest, you will find that 4 is the middle value(median)
The number of salads Ishaan and his friends can afford is 6 salads.
<h3>What are Word Problems?</h3>
Word Problems in mathematics involve crucial understanding and the use of variables and arithmetic operations to solve real-life cases.
From the given information;
- The total amount with Ishaan and his friends = $40
- If they decided to spend the money on salad(x) and one salad(x) cost = $6
Thus, the number of salads they can purchase is:
x = 6 salads remaining $4
Therefore, we can conclude that the number of salads they can purchase with $40 is 6 salads with a remaining amount of $4.
Learn more about word problems here:
brainly.com/question/21405634
Answer:
Step-by-step explanation:
