Answer:
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Step-by-step explanation:
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Let the full marks = x
Then, it would be: x*40/100 = 60
x = 6000/40
x = 150
Full marks will be 150
Answer:
$7,562.5
Step-by-step explanation:
Given the function of the profit earned expressed as;
<em>f(p) =-40p^2+1100p</em>
To maximize the profit, df(p)/dp must be sero
df(p)/dp = -80p + 1100 = 0
-80p + 1100 = 0
-80p = - 1100
p = 1100/80
p = 13.75
Substitute p = 13.75 into the function
f(13.75) =-40(13.75)^2+1100(13.75)
f(13.75) = -7,562.5+15,125
f(13.75) = 7,562.5
Hence the symphony should charge $7,562.5 to maximize the profit.
Hello!
We could write this as an equation below.
0.76x=703
We divide both sides by 0.76.
x=925
Therefore, the regular price is $925.
I hope this helps!
