A manufacturer of tools, selling rechargeable drills to a chain of home improvem

Marvin Mccormick

Marvin Mccormick

Answered question

2021-09-11

A manufacturer of tools, selling rechargeable drills to a chain of home improvement stores, charges $2 more per drill than its manufacturing cost, m. The chain then sells each drill for 170% of the price that it paid the manufacturer. Find a function P(m) for th price at the home improvement stores.
The function for the price at the home improvement stores is given by P(m)=?.

Answer & Explanation

FieniChoonin

FieniChoonin

Skilled2021-09-12Added 102 answers

Step 1
Manufacturing cost is =$m
Manufacturer charges $2 more per drill. So manufacturer sells at $(m+2)
Step 2
The chain sells each drill at 170% of (m+2).
P(m)=170%of(m+2)
P(m)=1.70(m+2)
P(m)=1.70m+3.40
Answer: 1.70m+3.40

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