Problema Solution
Total revenue is the total amount of money taken in by a business. An appliance firm determines that when it sells x washing machines, the total revenue, R, in dollars, is given by the polynomial R=134.92x-0.1x(2). What is the total revenue from the sale of 131 washing machines?
Answer provided by our tutors
Total Revenue R=134.92x-0.1x(2) ---------------------(1)
Where x = no. of washing machines sold
No. of washing machine sold = x = 131
Putting the value of x in eqn (1) we get:
Total Revenue R = 134.92*131 - 0.1*131*131 = 15,958.42