Converting word problem into algebra
A microprocessor plant that makes integrated circuit sets you back $\$400,000$ daily to run. It sets you back $\$30$ to generate one chip which cost $\$190$ bucks. The amount of chips does the plant need to make to recover cost on eventually procedure?
Allow $X$ be the variety of chips I require to make.
$400,000 = 190X-30X$ (yet I'm not exactly sure this is also appropriate). I'll proceed anyhow, I'll examine it later
$400000 = 160X$
$2500 * 190 = 475000$ (its incorrect)
Can a person aid me? I assume that formula I have is really incorrect and also I can not identify an additional one
Your method of examining the solution is wrong. $2500\cdot 190=475000$ is the complete gross earnings from generating 2500 chips, yet the price of generating those 2500 chips is not simply 400000, yet $400000+2500\cdot 30=475000$, given that each of the 2500 chips sets you back bkslsh$ 30 to generate.