Answer:
The true solution is x=4/9
EXPLANATION
The logarithmic equation given to us is
We need to use the quotient rule of logarithms.
When we apply this law the expression becomes
We now take the antilogarithm of both sides to get
We square both sides to get,
We evaluate to obtain,
This simplifies to
We divide both sides by 36 to get
We simplify to get,
Answer:
a) Profit = 84000
b) at break even number of pens sold = 46
Step-by-step explanation:
Profit = Selling price - Cost price
Total revenue generated = 99 * 1000
Total revenue generated = 99000
Total cost on making the pen = 11 * 1000
Total cost on making the pen = 11000
Total cost including the initial cost = 11000 + 4000
Total cost including the initial cost = 15000
Profit = 99000 - 15000
Profit = 84000
Break even is when the cost are equal to Revenue thus no profit or loss
Revenue = total cost (break even)
9x = 1x + 4000
9x - x = 4000
8x = 4000
x = 500
At breakeven Revenue = 9 * 500
At breakeven Revenue = 4500
since one pen is sold at 99 therefore at break even number of pens sold = 4500/99 = 45.45( to 2 decimal place)
at break even number of pens sold = 46
Hi, this should be correct. Hope this helps :)