P(x)=R(x)-C(x)
Given that:
R(x)=2.5x and C(x)=0.5x+3
Then,
P(x)=2.5x-(0.5x+3)
P(x)=2x-3
thus for profit of $99, the number of units will be found as follows:
99=2x-3
solving for x we get:
102=2x
x=56 units
NO. They are not.
We can prove this by turning those numbers into fractions:
16 / 14 = 1.1428 ; 64 / 60 = 1.0667
Or simply:
64 / 16 = 4
60 / 14 = 4.29
To get the equivalent of 16 to 14; we must multiply both numbers by 4.
16 * 4 = 64
14 * 4 = 56
The equivalent of 16 to 14 is 64 to 56.
