Your parents heard about the success of your business and they want to help you outSuppose they want to give you an additional $300 to put toward your business. However, there's a catchIf you make more than $600 additional profit, you have to give them 10% of your earnings above $600For example, if you have earned $650, then you owe 10% of $50, or $5, to your parents.

Question

Your parents heard about the success of your business and they want to help you outSuppose they want to give you an additional $300 to put toward your business. However, there's a catchIf you make more than $600 additional profit, you have to give them 10% of your earnings above $600For example, if you have earned $650, then you owe 10% of $50, or $5, to your parents.

1 paint

Now that you have an additional $300, revise your inequality from part a to reflect your new spending limit. Solve this inequality. Make sure to round to the nearest dollar.

* Do not include the dollar symbol in the inequality

You can copy and paste the inequality sign below in your answer

*Make sure to solve the inequality and write x and an inequality sign in your answer.

Answer 1

Let x be the additional profit made from the business above $600.

The new spending limit can be represented by the inequality:

x ≤ 300

This is because the additional profit is limited to $300 given by the parents.

To incorporate the condition for giving 10% above $600, we can modify the inequality to:

x ≤ 600 + 0.1(x - 600)

Now, let's solve the inequality:

x ≤ 600 + 0.1x - 60

Combining like terms:

0.9x ≤ 540

Dividing both sides by 0.9:

x ≤ 600

Rounding to the nearest dollar, the revised inequality is:

x ≤ 600