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A transit company carries about 80 000 riders per day for a fare of $1.25. To obtain more revenue, the management plans to increase the fare. It estimates that for every 5 cent increases in fare, it will lose 1000 riders. What fare would result in the greatest revenue and what would the maximum revenue be?

User Jendas
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137 812.5 is the answer
User Al Wld
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