SOLUTION: The equation y = 0.002x+ 0.50 can be used to determine the approximate profit, y in dollars, of producing x items. How many items must be produced so the profit will be at least $1

Algebra ->  Equations -> SOLUTION: The equation y = 0.002x+ 0.50 can be used to determine the approximate profit, y in dollars, of producing x items. How many items must be produced so the profit will be at least $1      Log On


   



Question 233539: The equation y = 0.002x+ 0.50 can be used to determine the approximate profit, y in dollars, of producing x items. How many items must be produced so the profit will be at least $1795?

Answer by rapaljer(4671) About Me  (Show Source):
You can put this solution on YOUR website!
y = 0.002x+ 0.50

Solve for x where y = 1795
1795=0.002x+0.50

Subtract 0.50 from each side:
1794.50=.002x

Divide both sides by .002

%280.002x%29%2F%280.002%29=1794.5%2F0.002

x=897,250 items

Dr. Robert J. Rapalje, Retired