Answer:
y=1
Step-by-step explanation:
Answer and explanation:
Profit from sale of model boats = Sales -costs(costs of goods purchases + expenses or charges by the local fair)
John's profit from the sale of model boats can be represented by the equation:
P= 50x-(5x+80)
Where P is profit from the sale of the model boats and x is number of model boats bought and sold. The 80 is constant as it is a fixed cost paid to the local fair.
For example if John buys and sells 20 model boats, he would make profit of:
Substitute x=20 in equation above
P= 50×20-(5×20+80)
P=1000-180
P=$820
It could be said that John is in a very profitable business and his profit is also dependent on volume of sales because the lower his sales the closer he gets to making a loss and not profit
Answer:
It's $56 dollars
Step-by-step explanation:
$56 dollars, because I think 20% is like 14 dollars so then that gives you 70 and then you do 70 minus 14 and then that gives you 56 dollars
Okay, the first thing to do is to make it so you're multiplying everything instead of dividing by that last fraction. To divide by a fraction, you just multiply by its reciprocal. So then, it's 15/124 x 230/30 x 124/230. After that, let's organize it into one single giant fraction since order of operations allows us to arrange division and multiplication however we want. Then it's 15x230x124 / 124x30x230. Then, you'll notice that the 230s and 124s can both be canceled out, leaving 15/30. After simplifying, your final answer is 1/2.
