PLEASEEEE HELP!DUE IN 1 HOUR! A housing contractor has subdivided a farm into 100 building lots. She has designed two types of homes for these lots: colonial and ranch style. A colonial requires $30,000 of capital and produces a profit of $3000 when sold. A ranch-style house requires $40,000 of capital and provides an $7000 profit. If the contractor has $3.8 million of capital on hand, how many houses of each type should she build for maximum profit?

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04-12-2021
Mathematics

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PLEASEEEE HELP!DUE IN 1 HOUR! A housing contractor has subdivided a farm into 100 building lots. She has designed two types of homes for these lots: colonial and ranch style. A colonial requires $30,000 of capital and produces a profit of $3000 when sold. A ranch-style house requires $40,000 of capital and provides an $7000 profit. If the contractor has $3.8 million of capital on hand, how many houses of each type should she build for maximum profit?

Sagot :

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babbieleo40 babbieleo40 · Answer 1 · 2021-12-04T21:31:28-05:00

Answer:

Step-by-step explanation:

A housing contractor has subdivided a farm into 100 building lots. She has designed two types of homes for these lots: colonial and ranch style. A colonial requires $30,000 of capital and produces a profit of $2000 when sold. A ranch-style house requires $40,000 of capital and provides an $8000 profit. If the contractor has $3.2 million of capital on hand, how many houses of each type should she build for maximum profit?

? colonials

? ranches

Sagot :

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