The equation that we can create from this situation is:
i = (190 – 5 x) * (29 + x)
where i is the income and x is the increase in daily rate
Expanding the equation:
i = 5510 + 190x – 145x - 5x^2
i = -5x^2 + 45x + 5510
Taking the 1st derivative:
di/dx = -10x +45
Set to zero to get the maxima:
-10x + 45 = 0
x = 4.5
So the cars should be rented at:
29 + x = 33.5 dollars per day
The maximum income is:
i = (190 – 5*4.5) * (33.5)
i = 5,611.25 dollars
Thirty four times 000 which I am assuming is just zeroes would be 0.
Hi,
I assume the forward slash meant it as a fraction VS it being a division symbol. To answer your question, the remainder is 10.
Hope this helps.
