Question

Glenn, the owner of a hardware store, originally paid $54.60 for 15 tool sets. At his year-end clearance sale, he sold the last tool set for 24.00 How much money did he lose on the last tool set.

Answer 1

The amount of money he lose on the last tool set is: $30.60.

Amount lose

Using this formula

Amount lose=Original amount paid -Selling price

Where:

Original amount paid=$54.60

Selling price=$24.00

Let plug in the formula

Amount lose=$54.60-$24.00

Amount lose=$30.60

Therefore the amount of money he lose on the last tool set is: $30.60.

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