The revenue from selling x tickets is r(x) = 10x. The cost for buying x tickets is c(x) = 8x + 40. The profit from selling x tic
2 answers:
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a) 75 percent of the regular price is the price for senior citizens.
b) $6.712 is the price for senior citizens.
<u>Step-by-step explanation</u>:
- The regular price is the 100% = $8.95
- The offer price for senior citizen = 15% discount from 100%
∴ Percent of the regular price for senior citizens = 100% - 15% = 75%
The price for the senior citizens = 75% of $8.95
⇒ (75/100)8.95
⇒ 0.758.95
⇒ 6.712 dollars.
∴ The price for senior citizens = $6.712