Question

A computer part costs $7 to produce and distribute. Express the profit p made by selling 300 of these parts as a function of the price of c dollars. (Do not include $ symbol in your answer)

Answer 1

Given:

Each part costs $7 to produce and distribute.

The total number of parts on selling is 300 to make the profit P.

To write the function expression in terms of sale price C and profit P:

As we know,

`\text{Profit}=\text{Selling price-cost price}`

So, if we produce 1 part and sell that part, then the profit is

`P=C-7`

For 300 parts, the profit is

`\begin{gathered} P=300(C-7) \\ P=300C-2100 \end{gathered}`

Hence, the function is expressed in terms of P and C is,

`P=300C-2100`