Your parents heard about the success of your business and they want to help you out. Suppose they want to give you an additional $300 to put toward your business. However, there's a catch. If you make more than $600 additional profit, you have to give them 10% of your earnings above $600. For example, if you have earned $650, then you owe 10% of $50, or $5, to your parents.

f)
Now that you have an additional $300, revise your inequality from part a to reflect your new spending limit. Solve this inequality. Make sure to round to the nearest dollar.
*Do not include the dollar symbol in the inequality
You can copy and paste the inequality sign below in your answer. ≥ < > ≤

1 answer

The revised inequality would be:
Total Profit - $300 ≥ $600

To solve this inequality, we can add $300 to both sides of the inequality:

Total Profit ≥ $600 + $300

Total Profit ≥ $900

So the revised spending limit is a total profit of $900 or more.