Switch where the x and y are, then solve for y. f(x) = y.
x = 3y^2 + 6
x-6 = 3y^2
(x-6)/3 = y^2
f^-1(x) = y = sqrt((x-6)/3)
420.00 that's how much he would have saved in a year
We have been given that a store manager paid $95 for an item and set the selling price at $116.85. We are asked to find the percent mark-up.
We will use percent increase formula to solve our given problem.
Therefore, the mark-up will be 23% and option 'b' is the correct choice.
Answer:
more than 1100
Step-by-step explanation:
The contribution margin for each package sold is ...
$6.50 -3.00 = $3.50
The number of packages that must be sold to cover fixed costs is ...
3.50n > 3850
n > 1100 . . . . . . . divide by 3.50
The company will generate a profit if more than 1100 packages are produced and sold each week.
_____
<em>Additional comment</em>
If exactly 1100 packages are sold, then costs are covered, but profit is 0. In order for profit to be positive, more than 1100 packages must be sold.
