If they charge $2.00 per quart, how much money will they make if they sell it all

A carpool service has 2,000 daily riders. A one-way ticket costs $5.00. The service estimates that for each $1.00 increase to th

solmaris [256]

Answer:

Total number of riders that ride on carpool daily = 2000

Total Cost of one way ticket = $ 5.00

Total Amount earned if 2000 passengers rides daily on carpool = 2000 × 5

= $10,000

If fare increases by $ 1.00

New fare = $5 + $1

= $6

Number of passengers riding on carpool = 2,000 - 100 = 1,900

If 1,900 passengers rides on carpool daily , total amount earned ,if cost of each ticket is $ 6 = 1900 × $6 = $11400

As we have to find the inequality which represents the values of x that would allow the carpool service to have revenue of at least $12,000.

For $ 1 increase in fare = (2,000 - 1 × 100) passengers

For $ x increase in fare, number of passengers = 2,000 - 100·x

= (2,000 - 100·x) passengers

New fare = 5 + x

New Fare × Final Number of passengers ≥ 12,000

(5+x)·(2,000 - 100 x) ≥ 12,000

5 (2,000 - 100 x) + x(2,000 - 100 x) ≥ 12,000

10,000 - 500 x + 2,000 x - 100 x² ≥ 12,000

100 - 5 x + 20 x - x² ≥ 120

- x² + 15 x +100 - 120 ≥ 0

-x² + 15 x -20 ≥ 0

x² - 15 x + 20 ≤ 0

⇒ x = 1.495

x ≥ $ 1.495, that is if we increase the fare by this amount or more than this the revenue will be at least 12,000 or more .

Also, f'(x) = 0 gives x = 7.5

⇒ The price of a one-way ticket that will maximize revenue is $7.50

7 0

1 year ago

At East Middle School, there are 58 left-handed students and 609 right-handed students. The numbers of left- and right-handed st

EastWind [94]

<u>Answer:</u>

C. Left-handed: 48, Right-handed: 504

D. Left-handed: 30, Right-handed: 315

<u>Step-by-step explanation:</u>

We are given that there are 58 left-handed students and 609 right-handed students at East Middle School and these numbers of students are proportional to the number of left and right handed students at East Middle School.

Given the above information, we are are to determine which two options could be the the numbers of left-handed and right-handed students at West Junior High.

Ratio of right handed to left handed students at East Middle School = $\frac{609}{58} = 10.5$

Checking for ratios of the given options:

A. $\frac{483}{42} =11.5$

B. $\frac{378}{28} =13.5$

C. $\frac{504}{48} =10.5$

D. $\frac{560}{56} =10$

E. $\frac{315}{30} =10.5$

Therefore, the possible numbers of left-handed and right-handed students at West Junior High could be C. Left-handed: 48, Right-handed: 504 and D. Left-handed: 30, Right-handed: 315.

7 0

1 year ago

Read 2 more answers

Your Mutual Fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?

Makovka662 [10]

Answer:

The answer is C) $197,263.70

Step-by-step explanation:

It's losing 6% PER year for the last 3 year.

You can do what I did and take $237,500 and times it 0.06. Which should give you 14,250, that is how much is lost in year one.

So subtract 14,250 from 237,500, you should have $223,250 now.

Repeat the first step with $223,250 now, you times it by 0.06 again and you should get 13,395, you subtract that from $223,250.

You have $209,855 now, once again times that by 0.06 and you get 12,591.30. Subtract 12,591.30 from 209,855 and you should end up with $197,263.70

It's a long, simple method and I'm sure there is another method of solving this question, but this is an easy way to get the answer.

5 0

2 years ago

A sapling, or young tree, is planted in a garden. After 3 years, it is 180 cm tall. After 7 years, it is 368 cm tall. How tall w

cestrela7 [59]

548cm tall because if you add 180 to 368 it is 548.

3 0

1 year ago

Jessica is selling books during the summer to earn money for college. She earns a commission on each sale but has to pay for her

CaHeK987 [17]

Answer:

Her expenses are $25 per week.

Step-by-step explanation:

Given :Jessica earns a commission on each sale but has to pay for her own expenses.

She writes the equation of the function like this: $E(x) = 7x - 25$ , where x is the number of doors she knocks on during the week and E(x) is her earnings for the week in dollars.

To Find: Which of the following are reasonable interpretations of the y-intercept of Jessica's function?

Solution:

$E(x) = 7x - 25$

x is the number of doors she knocks on during the week

E(x) is her earnings for the week in dollars.

Calculate y intercept

Substitute x = 0

$y= - 25$

Since E(x) is her total earning after clearing the payment of all her expenses.

So, 25 is her expenses per week.

Since we are given that she need to pay her expenses .

So, if there is no sale , still she need to pay expenses.

Thus the reasonable interpretations of the y-intercept of Jessica's function is Her expenses are $25 per week.

4 0

2 years ago

Read 2 more answers