Revenue - Math Central

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Quandaries & Queries

Question from Oneda, a parent:

Charter Bus Fares - For groups of 80 or more people, a charter
bus company determines the rate per person according to the formula
rate = 8 - 0.05(n-80), n >= 80
where the rate is given in dollars and n is the number of people
question a) express the revenue R for the bus company as a function of n.

Oneda,

The revenue is the amount of money they take in. To find the revenue multiply the number of people by the amount each pays.

Penny

Math Central is supported by the University of Regina and The Pacific Institute for the Mathematical Sciences.