Total revenue is the total amount of money taken in by a business. An appliance firm determines that when it sells X washing machines, the total revenue, R, in dollars, is given by the polynomial R=232.94x-0.1x^2. What is the total revenue from the sale of 238 washing machines.
The total revenue is $___?
(Simplify. Type an integer or decimal.)
To calculate the total revenue from the sale of 238 washing machines, we need to substitute x = 238 into the given polynomial equation for R.
R = 232.94x - 0.1x^2
R = 232.94(238) - 0.1(238)^2
R = 55492.12 - 0.1(56564)
R = 55492.12 - 5656.4
R = 49835.72
The total revenue from the sale of 238 washing machines is $49,835.72.
To find the total revenue from the sale of 238 washing machines, we need to substitute the value of X in the polynomial equation R=232.94x-0.1x^2 with 238 and simplify.
Total Revenue, R = 232.94x - 0.1x^2
Let's replace x with 238:
R = 232.94 * 238 - 0.1 * 238^2
R = 55399.72 - 0.1 * 56644
R = 55399.72 - 5664.4
R = 49735.32
Therefore, the total revenue from the sale of 238 washing machines is $49,735.32.