The profit, P dollars, earned by a saleswoman selling scented candles is approximated to be P=-10x^2+300x-250, where x dollars is the selling price of one scented candle. What selling price gives the maximum profit?

$10

$30

$15

$7.50

Question

Terrence Mack

Mathematics

6 October, 05:25

The profit, P dollars, earned by a saleswoman selling scented candles is approximated to be P=-10x^2+300x-250, where x dollars is the selling price of one scented candle. What selling price gives the maximum profit?

$10

$30

$15

$7.50

+3

Answers (1)

Know the Answer?

Kaiden Cameron · Answer 1

the selling price that gives the maximum profit is $15

Step-by-step explanation:

The profit, P dollars, earned by a saleswoman selling scented candles is approximated to be P=-10x^2+300x-250

This is a quadratic equation and the graph of P against x will give a parabola with a vertex whose value will be the maximum price

The maximum price occurs at x =

-b/2a

From the equation,

a = - 10

b = 300

c = - 250

-b/2a = - 300/2*-10 = - 300/-20

= 15

This gives the vertex of the parabola

Therefore, the selling price that gives the maximum profit is $15

The profit, P dollars, earned by a saleswoman selling scented candles is approximated to be P=-10x^2+300x-250, where x dollars is the selling price of one scented candle. What selling price gives the maximum profit?$10$30$15$7.50

The profit, P dollars, earned by a saleswoman selling scented candles is approximated to be P=-10x^2+300x-250, where x dollars is the selling price of one scented candle. What selling price gives the maximum profit?

$10

$30

$15

$7.50