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Ahmad and Dante wash cars in the neighborhood and charge $5 per car. Last year, they worked very hard and were able to wash 450 cars in the year. They have done a little market research and found that for every $0.20 that the price is reduced, they can get 50 more customers.

1. b. If they decreased the price by $0.20 how much would they earn?



Answer :

The amount earned if they decreased the price by $0.20 will be $2400.

How to calculate the value?

From the information, they found that for every $0.20 that the price is reduced, they can get 50 more customers.

The amount earned if they decreased the price by $0.20 will be:

= ($5 - $0.20) × (450 + 50)

= $4.80 × 500

= $2400

Therefore, the amount is $2400.

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