PLEASE HELP! At a corner gas station, the revenue R varies directly with the number g of gallons of gasoline sold. If the revenue is $24.25 when the number of gallons sold is 5, find a linear equation that relates revenue R to the number of g of gallons of gasoline. then find the revenue R when the number of gallons of gasoline sold is 13.5.
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OpenStudy (anonymous):
Hello, do you understand how to find the equation of a line?
OpenStudy (anonymous):
y=mx+b
OpenStudy (anonymous):
so how will the variables fit into the equation?
OpenStudy (anonymous):
Okay, we need two points to find the slope of the linear equation
OpenStudy (anonymous):
Our first point shall be (5, 24.25)
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OpenStudy (anonymous):
Can you think of another point that we can intuitively know given the question?
OpenStudy (anonymous):
(x, 13.5) doesn't give the x value
OpenStudy (anonymous):
Okay, we know how much revenue the company makes when they sell 0 gas, correct?
OpenStudy (anonymous):
sure.
OpenStudy (anonymous):
How much revenue will they make when they sell 0 gas?
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OpenStudy (anonymous):
wouldn't it just be 0
OpenStudy (anonymous):
Correct
OpenStudy (anonymous):
the equation for the slope of a line is \[m=\frac{y_1-y_2}{x_1-x_2}\]
OpenStudy (anonymous):
We now have two points (0,0) and (5, 24.25)
OpenStudy (anonymous):
Do you see how if we plug in these two points, we can obtain the slope m?
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OpenStudy (anonymous):
slope would be 4.85
OpenStudy (anonymous):
correct
OpenStudy (anonymous):
We know that the equation for a line is y = mx + b
OpenStudy (anonymous):
and we have the value of m
OpenStudy (anonymous):
we also have the value for y and x
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OpenStudy (anonymous):
which are (5, 24.25)
OpenStudy (anonymous):
If we plug in these values, m, x and y, then all we have to find is b
OpenStudy (anonymous):
would the equation be y= 4.85x+48.5?
OpenStudy (anonymous):
no
OpenStudy (anonymous):
24.25 = (4.85)(5)+b
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OpenStudy (anonymous):
24.25 = 24.25+b
OpenStudy (anonymous):
Do you see what b must equal?
OpenStudy (anonymous):
b=0
OpenStudy (anonymous):
Correct
OpenStudy (anonymous):
We now have the full equation
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OpenStudy (anonymous):
equation will be y=4.85x+0
OpenStudy (anonymous):
You got it
OpenStudy (anonymous):
Now you just need to find y = 4.85(13.5)
OpenStudy (anonymous):
wouldn't the 13.5 be in place of y and not x since the point is (x, 13.5)
OpenStudy (anonymous):
no, the amount of gas is your x variable
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OpenStudy (anonymous):
the profit is your y value
OpenStudy (anonymous):
so the answer would be 65.47
OpenStudy (anonymous):
Correct
OpenStudy (anonymous):
Thank you!!!!
OpenStudy (anonymous):
You're welcome, good work!
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