The owner of a luxury motor yacht that sails among the 4000 Greek islands charge

Question

The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $552/person/day if exactly 20 people sign up for the cruise. However, if more than 20 people sign up (up to the maximum capacity of 100) for the cruise, then each fare is reduced by $4 for each additional passenger.

Assuming at least 20 people sign up for the cruise, determine how many passengers will result in the maximum revenue for the owner of the yacht.
passengers

What is the maximum revenue?
$

What would be the fare/passenger in this case? (Round your answer to the nearest dollar.)
dollars per passenger

Explanation / Answer

$20,800 is max revenue which is 100 passengers at $208 each (80 passengers times 8 bucks less $848 times 100 total passengers). With only 20 passengers the revenue is only a little over $16,000

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