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21 June, 00:51

A company's Profit (in millions of dollars) can be represented by x^2-5x+6, where x is the number of years since the company has started. When did the company have a profit of $2 million?

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  1. 21 June, 00:53
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    Given that the profit is represented by:

    P (x) = x^2-5x+6

    where x is time in years, the time when the profit was $2 million will be evaluated as follows:

    from:

    P (x) = x^2-5x+6

    substitute P (x) = 2

    thus

    2=x^2-5x+6

    simplifying this we get:

    x^2-5x+6-2=0

    x^2-5x+4=0

    factoring the above we obtain:

    x^2-x-4x+4=0

    x (x-1) - 4 (x-1) = 0

    (x-1) (x-4) = 0

    hence

    x=1 or x=4

    Thus the company made $2 million at time x=1 year and x=4 years
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