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4 years ago

Note: Enter your answer and show all your steps that you use to solve this problem.

Mathematics

2 answers:

DerKrebs [107]4 years ago

3 0

Answer: 10

0.25 x 4 = 1

4 - 1 = 3

3 / .30 = 10.

It was 10 days late.

ziro4ka [17]4 years ago

3 0

First four days total cost - $2

Additional $2/0.3 = numbers of additional days

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3 years ago

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His new employer has offered Malcom Davis a choice of profit-sharing plans. For Plan A, he can receive 1/90 of the company’s gro

Strike441 [17]

Malcom Davis earnings is an illustration of equations and proportions.

The equation is: $\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}$
The gross income must be $300000, for Dave to earn the same amount with either plan.
His earning is $3333.33 when the plans are the same.

Let the profit be P, and the gross income be G.

So, we have:

$\mathbf{P= G - 100000}$

(a) The equations

For plan A, we have:

$\mathbf{A = \frac{1}{90}G}$ ----1/90 of the company's gross income

For plan B, we have:

$\mathbf{B = \frac{1}{60}P}$ ----1/90 of the company's profit

When both are the same, we have:

$\mathbf{A= B}$

This gives

$\mathbf{\frac{1}{90}G= \frac{1}{60}P}$

Substitute $\mathbf{P= G - 100000}$

$\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}$

Hence, the equation is: $\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}$

(b) Solve the equation in (a), and intepret

$\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}$

Cross multiply

$\mathbf{60G = 90G - 9000 000}$

Collect like terms

$\mathbf{90G - 60G = 9000 000}$

$\mathbf{30G = 9000 000}$

Divide both sides by 30

$\mathbf{G = 3000 00}$

The gross income must be $300000, for Dave to earn the same amount with either plan.

(c) His earnings based on (c)

We have:

$\mathbf{A = \frac{1}{90}G}$

Substitute $\mathbf{G = 3000 00}$

$\mathbf{A = \frac{1}{90} \times 300000}$

$\mathbf{A = 3333.33}$

His earning is $3333.33 when the plans are the same

(d) If the gross income in less than (b)

If the gross income is less than $300,000, then plan A would better for Malcom Davis, because his earnings in plan A would be greater than plan B