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§ 3.2 Problem Solving and Business Applications Using Systems of Equations

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§ 3.2. Problem Solving and Business Applications Using Systems of Equations. Systems of Equations in Application. pp 182-183. Blitzer, Intermediate Algebra , 5e – Slide # 2 Section 3.2. Systems of Equations in Application Investment Problem, p 184. EXAMPLE (number 13 on page 192). - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: § 3.2

§ 3.2

Problem Solving and Business Applications Using Systems of Equations

Page 2: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #2 Section 3.2

Systems of Equations in Application

A Strategy for Solving Word Problems1) Use variables to represent unknown quantities.

2) Write a system of equations describing the problem’s conditions (translate from English to Math Language).

3) Solve the system and answer the problem’s question (make sure you answer the question being asked, not some other question!).

4) Check the proposed solution in the original wording of the problem.

pp 182-183

Page 3: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #3 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

EXAMPLE EXAMPLE (number 13 on page 192)

You invested $7000 in two accounts paying 6% and 8% annual interest, respectively. If the total interest earned for the year was $520, how much was invested at each rate?

Let x = the amount invested at 6%.

1) Use variables to represent unknown quantities.

SOLUTIONSOLUTION

Let y = the amount invested at 8%.

Page 4: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #4 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

x + y = 7000

2) Write a system of equations describing the problem’s conditions.

This tells us the sum of the money invested is $7000. Also, we’re concerned with how much money was invested into each of the accounts. We can use a table to organize the information in the problem and obtain a second equation.

CONTINUECONTINUEDD

Principal

(Amount Invested)

Interest

Rate

Interest

Earned

6% Investment x 0.06 0.06x

8% Investment y 0.08 0.08y

Total $7000 $520

Column One of table

Page 5: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #5 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

And since we are concerned with both amounts of interest adding up to $520, the following equation results:

3) Solve the system and answer the problem’s question. The system

The amount of interest from each account is:

CONTINUECONTINUEDD

0.06x and 0.08y.

0.06x + 0.08y = 520.

x + y = 7000

0.06x + 0.08y = 520

Column Three of table

Page 6: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #6 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

can be solved by substitution or addition. Substitution will work well since both variables in the first equation have coefficients of 1. So, we’ll use substitution. First we’ll isolate x in the first equation.

CONTINUECONTINUEDD

x + y = 7000

x = 7000 - y Subtract y from both sides

Now substitute 7000 – y for x in the second equation.

Page 7: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #7 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

CONTINUECONTINUEDD

0.06(7000 - y) + 0.08y = 520 Replace x with 7000 - y

Now substitute 5000 for y in either of the original equations. We’ll use the first.

0.06x + 0.08y = 520

420 – 0.06y + 0.08y = 520

420 + 0.02y = 520

0.02y = 100

y = 5000

Distribute

Add like terms

Subtract 100 from both sides

Divide both sides by 0.02

Page 8: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #8 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

CONTINUECONTINUEDD

Replace y with 7000

Therefore, $2000 will be invested into the 6% account and $5000 will be invested in the 8% account. This is the potential solution.

Subtract 5000 from both sides

x + y = 7000

x + (5000) = 7000

x = 2000

Page 9: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #9 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

CONTINUECONTINUEDD

Do both investments add up to $7000?

x + y = 2000 + 5000 = 7000 true

Do the two investments yield a combined $520 in interest? The 6% investment yields, in interest, 0.06x = 0.06(2000) = $120. The 8% investment yields, in interest, 0.08y = 0.08(5000) = $400. And since $120 + $400 = $520, the solution has been verified.

4) Check the proposed answer in the original wording of the problem.

Page 10: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #10 Section 3.2

Systems of Equations in ApplicationMixture Problem, p186

EXAMPLE (number 20 on page EXAMPLE (number 20 on page 193)193)

A jeweler needs to mix an alloy with a 16% gold content and an alloy with a 28% gold content to obtain 32 ounces of a new alloy with a 25% gold content. How many ounces of each of the original alloys must be used?

Let x = the number of ounces of the 16% alloy to be used in the mixture.

1) Use variables to represent unknown quantities.SOLUTIONSOLUTION

Let y = the number of ounces of the 28% alloy to be used in the mixture.

Page 11: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #11 Section 3.2

Systems of Equations in ApplicationMixture Problem, p186

2) Write a system of equations describing the problem’s conditions. We need 32 ounces of an alloy containing 25% gold content. We form a table that shows the amount of gold content in each of the three alloys.

CONTINUECONTINUEDD

Number of Ounces Percent of Gold Content

Amount of Gold Content

16% Alloy x 16% = 0.16 0.16x

28% Alloy y 28% = 0.28 0.28y

25% Alloy 32 25% = 0.25 32(0.25) = 8

Page 12: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #12 Section 3.2

Systems of Equations in ApplicationMixture Problem, p186

The 32-ounce mixture must have a 25% gold content. The amount of gold content must be 25% of 32 ounces, or (0.25)(32) = 8 ounces.

Since adding the two amounts of alloy (x and y) will yield 32 ounces of 25% alloy,

CONTINUECONTINUEDD

x + y = 32.

Therefore, the system of equations is

0.16x + 0.28y = 8

x + y = 32

0.16x + 0.28y = 8

Column One of table

Column Three of table

Page 13: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #13 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 186

3) Solve the system and answer the problem’s question. The system can be solved by substitution or addition. Substitution will work well since both variables in the first equation have coefficients of 1. So, we’ll use substitution. First we’ll isolate y in the first equation.

CONTINUECONTINUEDD

NOTE: The first equation summarizes how many total ounces of each of the three alloys. The second equation summarizes how much gold content in each of the three solutions. Each equation summarizes exactly one type of quantity.

Page 14: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #14 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 186

CONTINUECONTINUEDD

Subtract x from both sides

x + y = 32.

y = 32 - x

Now substitute 32 – x for y in the second equation.

Replace y with 32 - x

Distribute

Add like terms

Subtract 8.96 from both sides

Divide both sides by -0.12

0.16x + 0.28y = 80.16x + 0.28(32 - x) = 8

0.16x + 8.96 – 0.28x = 8

8.96 – 0.12x = 8

– 0.12x = -0.96x = 8

Page 15: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #15 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 186

CONTINUECONTINUEDD

Replace x with 8

Subtract 8 from both sides

Therefore, the potential solution is (8,24). That is, 8 ounces of the 16% alloy and 24 ounces of the 28% alloy.

Now substitute 8 for x in either of the original equations. We’ll use the first.

x + y = 328 + y = 32

y = 24

Page 16: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #16 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 186

CONTINUECONTINUEDD

Do the amounts of the two alloys add up to the desired 32 ounces?

4) Check the proposed answer in the original wording of the problem.

x + y = 8 + 24 = 32 true

Also, the problem states that we need 32 ounces of a 25% gold content alloy. The amount of gold content in this mixture is (32)(0.25) = 8 ounces of gold content. The amount of gold content in 8 ounces of a 16% solution is (8)(0.16) = 1.28 ounces. The amount of gold content in 24 ounces of a 28% alloy is (24)(0.28) = 6.72 ounces. So, 1.28 + 6.72 = 8 ounces of gold content, exactly as it should be.

Page 17: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #17 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 188

EXAMPLE (number 30 on page EXAMPLE (number 30 on page 193)193)

A motorboat traveled 36 miles downstream, with the current, in 1.5 hours. The return trip upstream, against the current, covered the same distance, but took 2 hours. Find the boat’s rate in still water and the rate of the current.

Let x = the rate (speed) of the motorboat.

1) Use variables to represent unknown quantities.SOLUTIONSOLUTION

Let y = the rate (speed) of the stream.

Page 18: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #18 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 188

2) Write a system of equations describing the problem’s conditions.

CONTINUECONTINUEDD

Rate Time Distance

Downstream x + y 1.5 36

Upstream x - y 2 36

Page 19: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #19 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 188

3) Solve the system and answer the problem’s question. Upon distributing, the system simplifies to

Therefore, the system of equations is:CONTINUECONTINUE

DD

(x + y)1.5 = 36

(x - y)2 = 36

I will now solve the second equation for x.

(x + y)1.5 = 36 (x - y)2 = 361.5x + 1.5y = 36 2x - 2y = 36

2x - 2y = 36 2x = 36 + 2y x = 18 + ySecond equation Add 2y Divide by 2

Page 20: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #20 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 188

CONTINUECONTINUEDD

Replace x with 18 + yDistributeCombine like termsSubtract 27 from both sidesDivide both sides by 3

Now we can use either equation to find x. Let’s use the second equation.

In the first equation, replace x with 18 + y.

1.5x + 1.5y = 361.5(18 + y) + 1.5y = 36

27 + 1.5y + 1.5y = 3627 + 3y = 36

3y = 9y = 3

First equation

Page 21: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #21 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 188

CONTINUECONTINUEDD

2x - 2y = 36 Second equation2x – 2(3) = 36 Replace y with 3

2x – 6 = 36 Multiply

2x = 42 Add 6 to both sides

x = 21 Divide both sides by 2

Therefore, the potential solution is (21,3).

Page 22: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #22 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 188

CONTINUECONTINUEDD

4) Check the proposed answer in the original wording of the problem.

truetrue

So, the motorboat travels 21 miles per hour in still water and the speed of the current is 3 miles per hour.

?

? ?

?

I now verify that my solutions satisfy the original equations:

1.5x + 1.5y = 36 2x - 2y = 36

1.5(21) + 1.5(3) = 36 2(21) – 2(3) = 36

31.5 + 4.5 = 36 42 – 6 = 36

36 = 36 36 = 36

Page 23: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #23 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 185

Check Point 2Check Point 2

You inherited $5,000 with the stipulation that for the first year the money had to be invested in two funds paying 9% and 11% annual interest. How much did you invest at each rate if the total interest earned for the year was $487?

SOLUTIONSOLUTION

Principal

(Amount Invested)

Interest

Rate

Interest

Earned

6% Investment

8% Investment

Total

xy

.09

.11

$487$5,000

.09x

.11y

Column One of table

Column Three of table

Page 24: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #24 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

x + y = 5000

2) Write a system of equations describing the problem’s conditions.

.09x +.11y = 487

CONTINUECONTINUEDD

x + y = 5000

x = 5000 - y Subtract y from both sides

0.09x + 0.11y = 487

0.09(5000 - y) + 0.11y = 487 Replace x with 5000 - y

450 – 0.09y + 0.11y = 487 Distribute

Column One of table

Column Three of table

Page 25: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #25 Section 3.2

Systems of Equations in ApplicationInvestment Problem, p 184

CONTINUECONTINUEDD

450 + 0.02y = 487

0.02y = 37

y = 1850

Add like terms

Subtract 450 from both sides

Divide both sides by 0.02

Replace y with 1850

Subtract 1850 from both sides

x + y = 5000

x + (1850) = 5000

x = 3150

Therefore, $3150 will be invested into the 9% account and $1850 will be invested in the 11% account. This is the potential solution.

Page 26: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #26 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 187

Check Point 3Check Point 3

A chemist needs to mix a 12% acid solution with a 20% acid solution to obtain 160 ounces of a 15% acid solution. How many ounces of each of the acid solutions must be used?

SOLUTIONSOLUTION

Number of

Ounces

Percent of

Acid

Amount of

Acid

12% Solution

20% Solution

15% Solution

xy

.12

.20

24160

.12x

.20y

Column One of table

Column Three of table

.15

Page 27: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #27 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 187

x + y = 160

2) Write a system of equations describing the problem’s conditions.

.12x +.20y = 24

CONTINUECONTINUEDD

x + y = 160

x = 160 - y Subtract y from both sides

0.12x + 0.20y = 24

0.12(160 - y) + 0.20y = 24 Replace x with 160 - y

19.2 – 0.12y + 0.20y = 24 Distribute

Column One of table

Column Three of table

Page 28: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #28 Section 3.2

Systems of Equations in ApplicationMixture Problem, p 187

CONTINUECONTINUEDD

19.2 + 0.08y = 24

0.08y = 4.8

y = 60

Add like terms

Subtract 19.2 from both sides

Divide both sides by 0.08

Replace y with 60

Subtract 60 from both sides

x + y = 160

x + (60) = 160

x = 100

Therefore, the potential solution is (100,60). That is, 100 ounces of the 12% solution and 60 ounces of the 20% alloy.

Page 29: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #29 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 189

Check Point 4Check Point 4

With the current, a motorboat can travel 84 miles in 2 hours. Against the current, the same trip takes 3 hours. Find the average rate of the boat in still water and the average rate of the current.

SOLUTIONSOLUTION

Rate Time Distance

Downstream

Upstream

x+yX-y

2

3

2(x+y)3(x-y)

Both distances equals 84

2(x+y) = 84

3(x-y) = 84

Page 30: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #30 Section 3.2

Systems of Equations in ApplicationMotion Problem, p 189

Check Point 4,continuedCheck Point 4,continued

With the current, a motorboat can travel 84 miles in 2 hours. Against the current, the same trip takes 3 hours. Find the average rate of the boat in still water and the average rate of the current.

SOLUTIONSOLUTION

Rate Time Distance

Downstream

Upstream

x+yX-y

2

3

2(x+y)3(x-y)

Both distances equals 84

2(x+y) = 84

3(x-y) = 84 Boat rate is 35 mph, current is 7 mph

6x+6y = 252

6x-6y = 168

12x = 420 Elimination

x = 35

Page 31: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #31 Section 3.2

Revenue, Cost and Profit

Financial FunctionsRevenue Function R(x) = (price per unit sold) x

Cost Function C(x) = fixed cost + (cost per unit produced) x

Profit Function P(x) = R(x) – C(x)

The point of intersection of the revenue and cost functions is called thebreak-even point. The x-coordinate of the point reveals the number ofunits that a company must produce and sell so that the money coming in is equal to the money going out. That is, the break-even point is whererevenue = cost.

Page 32: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #32 Section 3.2

Systems of Equations in Application

EXAMPLEEXAMPLE

You invested $30,000 and started a business writing greeting cards. Supplies cost 2 cents per card and you are selling each card for 50 cents. (In solving this exercise, let x represent the number of cards produced and sold.)

SOLUTIONSOLUTION

C(x) = 30,000 + 0.02x

(a) Write the cost function, C.

(b) Write the revenue function, R.

(c) Determine the break-even point. Describe what this means.

(a) Write the cost function, C.

Page 33: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #33 Section 3.2

Systems of Equations in Application

CONTINUECONTINUEDD

R(x) = 0.50x

(b) Write the revenue function, R.

(c) Determine the break-even point. Describe what this means.

The break-even point occurs when revenue and cost are equal. That is,

Page 34: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #34 Section 3.2

Systems of Equations in Application

CONTINUECONTINUEDD

Therefore, the break-even point will occur when 62,500 cards are sold. When that happens, revenue and cost will be equal. For any number of units over 62,500 sold, the company will make a profit.

R(x) = C(x)

0.5x = 30,000 + 0.02x

0.48x = 30,000

x = 62,500

Subtract 0.02x from both sides

Divide both sides by 0.48

Page 35: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #35 Section 3.2

Systems of Equations in ApplicationMixture Problem on p 193

Number 24 on page 187Number 24 on page 187

A grocer needs to mix raisins at $2.00 per pound with granola at $3.25 per pound to obtain 10 pounds of a mixture that costs $2.50 per pound. How many pounds of raisins and how many pounds of granola must be used?

SOLUTIONSOLUTION

Number of pounds Cost per pound Cost

Raisins

Granola

Mix

xy

2.00

3.25

$2510

2.00x3.25y

Column One of table

Column Three of table

2.50

Page 36: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #36 Section 3.2

Systems of Equations in ApplicationMixture Problem on p 187

x + y = 10

2) Write a system of equations describing the problem’s conditions.

2x +3.25y = 25

CONTINUECONTINUEDD

x + y = 10

x = 10 - y Subtract y from both sides

2(10 - y) + 3.25y = 25 Replace x with 10 - y

20 – 2y + 3.25y = 25 Distribute

Column One of table

Column Three of table

2x +3.25y = 25

Page 37: § 3.2

Blitzer, Intermediate Algebra, 5e – Slide #37 Section 3.2

Systems of Equations in ApplicationMixture Problem on p 187

CONTINUECONTINUEDD

1.25y = 5

y = 4

Add like terms

Subtract 20 from both sides

Divide both sides by 1.25

Replace y with 4

Subtract 4 from both sides

x + y = 10

x + (4) = 10

x = 6

Therefore, the potential solution is (6,4). That is, 6 pounds of the raisins and 4 pounds of granola.

20 + 1.25y = 25

Page 38: § 3.2

DONE

Page 39: § 3.2

DONE