Victory liner agrees to transport 100 people or less from station A to station B for P15 each passenger. It was furthered agreed that is there are more than 100 passengers, Victory liner will reduce the fair for every passenger by P0.10 in excess of 100 passenger. What number of passengers will produce the maximum revenue for the bus company. a. 100     b. 115                   c. 120                    d. 125 (ILLUSTRATE SOLUTION)

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter4: Rational Expressions
Section4.CR: Review Problem Set
Problem 45CR: In a physicians practice the ratio of patients on Medicare insurance to patients insured by other...
icon
Related questions
Question

Victory liner agrees to transport 100 people or less from station A to station B for P15 each passenger. It was furthered agreed that is there are more than 100 passengers, Victory liner will reduce the fair for every passenger by P0.10 in excess of 100 passenger. What number of passengers will produce the maximum revenue for the bus company.

a. 100     b. 115                   c. 120                    d. 125

(ILLUSTRATE SOLUTION)

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt