The fare of $(20 - 2.5) = $17.5 will maximize the total fare.
<h3>What is Differentiation?</h3>
Differentiation means the rate of change of one quantity with respect to another. The speed is calculated as the rate of change of distance with respect to time.
Here, The operator for a round-trip fare of $20, carries an average of 500 people per day.
It is estimated that 20 fewer people will take the trip, for each $1 increase in fare.
for $x increase in fare, 20x less people will take the trip and at that time the total fare F is given by
f(x) =(20 + x)(500 - 20x)
f (x) = 10000 + 100x - 20x²
For f(x) to be maximum, the condition is dy/dx = 0
100 - 40x = 0
⇒ x = 2.5
Thus, the fare of $(20 - 2.5) = $17.5 will maximize the total fare.
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Answer:
C
Step-by-step explanation:
you know the drill
Answer:
C
Step-by-step explanation:
Repeated subtraction is a method of subtracting the equal number of items from a larger group. It is also known as division. If the same number is repeatedly subtracted from another larger number until the remainder is zero or a number smaller than the number being subtracted, we can write that in the form of division
Answer: See explanation
Step-by-step explanation:
a. The deposit
= 15% × $2975
= 15/100 × $2975
= 0.15 × $2975
= $446.25
b. The hire purchase price
Outstanding balance = $2975 - $446.25 = $2528.75
20% of outstanding balance
= 20% × $2528.75
= 0.2 × $2528.75
= $505.75
Hire purchase price
= $2975 + $505.75
= $3480.75
c. The difference the hire purchase price and cash price
= $3480.75 - $2975
= $505.75
d. The difference as a percentage of the cash price.
= ($505.75 / $2975) × 100
= 0.17 × 100
= 17%
