Emmanuel decided to put up a candy shop that sells a dairy chocolate that cost P135.00 pack. The cost of making the chocolate is P90.00 and the operating expense is 2450000 per A. Write the profit function p(x) where x represents the number of chocolate bars per pack.
Answers
Given : Emmanuel decided to put up a candy shop that sells a dairy chocolate that cost P135.00 pack. The cost of making the chocolate is P90.00 and the operating expense is 24500.00
To Find : profit function p(x) where x represents the number of chocolate bars per pack.
Solution:
Number of Chocolate Bars Pack = x
Cost Price Per Pack = 90
Variable Cost = 90x
operating expense is 24500.
Fixed Cost = 24500.
Selling Price = 135
Revenue = 135x
Profit = Revenue - Variable Cost - Fixed Cost
=> Profit = 135x - 90x - 24500.
=> Profit = 45x - 24500
profit function p(x) = 45x - 24500
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