1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
puteri [66]
3 years ago
13

A used car dealer sold two cars for $1980 each. On the first car he made a 10 percent profit. On the second car he took a loss o

f 10 percent. Taken together, did he profit or lose on the deals?
Mathematics
2 answers:
Lelu [443]3 years ago
8 0

Answer:

Step-by-step explanation:

Neither.  He came out even.  The profit made on the first sale was exactly wiped out by the loss on the second sale.

Alex73 [517]3 years ago
5 0

Answer: he neither made profit nor loss on both deals

Step-by-step explanation:

The cost of the first car sold by the car dealer is $1980. On the first car he made a 10 percent profit. This means that the profit made on the first car would be

10/100 × 1980 = 0.1 × 1980 = $198

Amount for which he sold the first car would be

1980 + 198 = $2178

The cost of the second car sold by the car dealer is $1980. On the second car he made a 10 percent loss. This means that the loss made on the second car would be

10/100 × 1980 = 0.1 × 1980 = $198

Amount for which he sold the second car would be

1980 - 198 = $1782

Total cost of both cars = 1980 + 1980 = $3960

Total selling price = 2178 + 1782 = $3960

Profit or loss = selling price - cost price. Therefore

Profit or loss = 3960 - 3960 = $0

You might be interested in
The Finest Hour department store wants to run a special ad this week in The Country Times. It wants to run a half-page ad on Fri
sp2606 [1]

Sorry this took awhile.

So for Friday, it would be $550

Saturday, $895

Sunday, 1,095

So the total is $2540 if you add the numbers up. Hope this helps!

3 0
3 years ago
Please help i’ll love you forever!!!!!
WITCHER [35]

What's the question, I can't see images on my school laptop

5 0
2 years ago
Read 2 more answers
Question 2 (1 point) (06.04 MC) Find the product of (x − 5)2. Question 2 options: x2 + 10x + 25 x2 − 10x + 25 x2 − 25 x2 + 25
vladimir1956 [14]

{ (x - 5) }^{2}  =  {x}^{2}  - 10x  + 25

4 0
2 years ago
It took Fabian 40 minutes to dig 5 post holes. If he continues at this rate, how long will it take him to dig 20 post holes?
kipiarov [429]

Set up a proportion!

40 minutes / 5 holes = m minutes / 20 holes

Cross multiply.

800 = 5m

m = 160.

It will take him 160 minutes to dig 20 post holes.

Good luck Fabian!

Hope this helps

6 0
3 years ago
What two numbers multiply to -50 and add up to -23
umka2103 [35]

Answer:

-25 and 2

Step-by-step explanation:

x + y = -23

xy = 50, so y = 50 /x

.

x + 50/x =-23,  x^2 +23x - 50 = (x-2)(x+25)

so 2 and -25

4 0
2 years ago
Other questions:
  • Find the exact values of the following, giving your answers as fractions.
    6·2 answers
  • Solve the initial value problem using Laplace transforms.
    7·1 answer
  • What is the value of the rational expression 3-x/x-6​ when x is equal to 9?
    15·1 answer
  • What is the answer to this problem? Please help me
    7·1 answer
  • Simplify the expression using the order of operations.
    10·2 answers
  • George is bringing granola bars and apples for his classmates at school. Apples cost $0.75 each, and granola bars cost $0.15 eac
    11·1 answer
  • :))))))))))))))))<br><br> late hw help pls
    6·1 answer
  • Pythagorean therom HELPPPO PLEASE
    10·2 answers
  • Is the relationship linear, exponential, or neither?
    8·1 answer
  • Please I need a quick answer to these questions. Thank you so much!​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!