The owner of an ice cream franchisemust pay the parent company $1000 per month plus 5% ofthe monthly revenue R. Operating cost of the franchise includesa fixed cost of $2600 per month for items such asutilities and labor. The cost of ice cream and supplies is50% of the revenue. Express the monthly profit P in terms of R.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
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Chapter2: Solving Linear Equations And Inequalities
Section2.6: Solve A Formula For A Specific Variable
Problem 2.117TI: Lee wants to drive from Phoenix to his brother’s apartment in San Francisco, a distance of 770...
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The owner of an ice cream franchise
must pay the parent company $1000 per month plus 5% of
the monthly revenue R. Operating cost of the franchise includes
a fixed cost of $2600 per month for items such as
utilities and labor. The cost of ice cream and supplies is
50% of the revenue. Express the monthly profit P in terms of R.

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