SOLUTION: The production cost of the Sweet Tooth Candy Company for producing x pounds of candy is given by C(x) = 1.05x + 330 dollars. If each pound of candy sells for $2.00 what is the prof

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: The production cost of the Sweet Tooth Candy Company for producing x pounds of candy is given by C(x) = 1.05x + 330 dollars. If each pound of candy sells for $2.00 what is the prof      Log On

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Question 780095: The production cost of the Sweet Tooth Candy Company for producing x pounds of candy is given by C(x) = 1.05x + 330 dollars. If each pound of candy sells for $2.00 what is the profit (loss) from selling 50 pounds of candy?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Profit (loss) = +2x+-+%28+1.05x+%2B+330+%29+
+x+=+50+
Profit (loss) = +2%2A50+-+%28+1.05%2A50+%2B+330+%29+
Profit (loss) = +100+-+52.5+-+330+
(loss) = +-282.5+
The loss is $282.50