On An Average Day, A 2L Bottle Will Cost $3.95 And The Food Mart Sells 80 Bottles.?
For each $0.05 reduction in price, sales will increase by 10 bottles. Determine how many reductions will result in a $450 revenue.
Home › Mathematics › On An Average Day, A 2L Bottle Will Cost $3.95 And The Food Mart Sells 80 Bottles.?
For each $0.05 reduction in price, sales will increase by 10 bottles. Determine how many reductions will result in a $450 revenue.
-Anonymous
(3.95-0.05x)(80+10x)=450
316+35.5x-.5x^2=450
-.5x^2 + 35.5x -134= 0
x= (-35.5 + or - √ (35.5^2 - 4(-.5)(-134)))/ 2(-.5)
= 67 or 4
67 or 4 reductions.
-Anonymous
316+35.5x-.5x^2=450
-.5x^2 + 35.5x -134= 0
x= (-35.5 + or - √ (35.5^2 - 4(-.5)(-134)))/ 2(-.5)
= 67 or 4
67 or 4 reductions.
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