Ira S. answered 01/20/16
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let the 2 legs both be x, making the third side P-2x.
Draw an altitude through the vertex angle and use the Pythagorean theorem so that the altitude can be represented as √(x2 - (1/2 P - x)2 which simplifies down to √(Px-1/4 P2).
The area then is A = 1/2 (P-2x)(√(Px-1/4 P2))
Take the derivative.
A' = (1/2 P-x)* 1/2(Px-1/4 P2)-1/2 *P + (Px-1/4 P2)1/2 *(-1)
Set this equal to 0 and solve.
(1/4P2 - 1/2 Px) / (Px-1/4 P2)1/2 = (Px-1/4P2)1/2 cross multiply
1/4 P2 -1/2 Px = Px - 1/4 P2 solve for x
1/2P2 = 3/2 Px
1/3 P = x.
So the maximum area is when x is 1/3 of the perimeter....which is used for the 2 legs. The third side is P-2x or P-2(1/3P) which simplifies to 1/3 P which is the same as the other 2 sides, making this an equilateral triangle.
Hope you could follow this....and was helpful.