A real estate firm owns 100 apartments. at 400 pounds per month, each apartment can be rented, however for each 10 pounds per month increase, there will be two vacancies with no possibility of filling them, What rent per apartment will maximise monthly revenue?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter9: Quadratic Equations And Functions
Section9.5: Solve Applications Of Quadratic Equations
Problem 9.81TI: The weekly news magazine has a big story naming the Person of the Year and the editor wants the...
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A real estate firm owns 100 apartments. at 400 pounds per month, each apartment can be rented, however for each 10 pounds per month increase, there will be two vacancies with no possibility of filling them, What rent per apartment will maximise monthly revenue?

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