A footwear company is preparing to market a new kind of sports shoe. The company plans to spend $28 million on advertising. Past experience shows that the amount spent on television advertising should be 3.5 times as much as the amount spent on magazine advertising. Determine how much money should be spent on each type of advertising.

Question
Equations
asked 2021-02-11
A footwear company is preparing to market a new kind of sports shoe. The company plans to spend $28 million on advertising. Past experience shows that the amount spent on television advertising should be 3.5 times as much as the amount spent on magazine advertising. Determine how much money should be spent on each type of advertising.

Answers (1)

2021-02-12
T = Television advertising
M = Magazine advertising
"television advertising should be 3.5 times as much as the amount spent on magazine advertising": T = 3.5M
"The company plans to spend $28 million on advertising": T + M = 28,000,000
substitute T + M = 28000000
(3.5M) + M = 28000000
4.5M. = 28000000
M = $6,222,222.22
subsitute
T = 3.5M
T = 3.5(6,222,222.22)
T = $21,777,777.77
0

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