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Example: Solving a Business Profit Application with a Linear Inequality
To find the number of services needed to reach a target profit, represent the scenario with a linear inequality where profit equals revenue minus costs. For example, if a business charges $2.50 per service, has monthly expenses of $650, and wants a profit of at least $2,800, let represent the number of services. The inequality is . Adding to both sides gives . Dividing by yields . Thus, at least 1,380 services must be provided to meet the profit goal.
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Intermediate Algebra @ OpenStax
Ch.2 Solving Linear Equations - Intermediate Algebra @ OpenStax
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Example: Solving a Business Profit Application with a Linear Inequality
Example: Translating and Solving a Profit Inequality for a Service Business
Example: Translating and Solving a Profit Inequality for a Maintenance Business