document.write( "Question 887348: Profit is always calculated as revenue minus expenses. If a company’s expenses were $15 million, write a symbolic rule that expresses profit, P, (in millions of dollars) in terms of revenue, R, (in millions of dollars). Determine profit when revenue is $25 million. Determine Revenue that will produce a profit of $15 million dollars.
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Algebra.Com's Answer #536550 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! Profit = Revenue - Expenses\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = R - E\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = R - 15\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So the symbolic rule is P = R - 15\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "----------------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "When revenue is $25 million, then\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = R - 15\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = 25 - 15\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = 10\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "profit is $10 million\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "-------------------------------------------------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "We want a profit of $15 million, so,\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P = R - 15\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "15 = R - 15\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "15+15 = R\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "30 = R\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "R = 30\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "so we need a revenue of $30 million \n" ); document.write( " |