Question

The revenue of a company that makes backpacks is given by the formula R = 34.S0x, where x represents the number of backpacks sold. Use the linear model to calculate the revenue received from selling 40 backpacks.

Answer 1

Answer:

Revenue = 1380

Step-by-step explanation:

Given:

Revenue means the sales or turnover of a company when it sells its products. In other words, it is nothing but the income of a company on selling the products.

Here, the company is selling backpacks. So, revenue is the amount earned by the company on selling 'x' backpacks. The linear model to represent the same is given below.

The revenue received from selling 'x' backpacks is given as:

$R=34.50x$

Number of backpacks sold (x) = 40

Now, in order to find the revenue received on selling 40 backpacks, we need to plug in 40 for 'x' in the equation above and solve for the revenue, 'R'.

On plugging 40 for 'x', we get:

$R=34.50\times 40\\\\R=1380$

Therefore, the revenue received by the company on selling 40 backpacks is 1380.