A text message plan costs $4 per month plus $0.32 per text. Find the monthly cost for x text messages.
2 answers:
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see explanation below
(1) ×
=
= 0.2
(2) ×
=
= 0.24
(3) 2 = 2 +
= 2.75
(4) 3 = 3 + 0.9 = 3.9
(5) 1.25 = 1 =
(6) 3.29 = 3 =
(7) 0.65 = =
in simplest form
(8) 5.6 = 5 = 5
=
(9) he is incorrect
×
=
= 0.6 ≠ 3.5
No Alan did not break even
Alan incured a loss of 6.25 %
<em><u>Solution:</u></em>
Given that,
Alan bought two bikes
He sold one to Beth for $300 taking a 25% loss
He also sold one to Greta for $300 making a 25% profit
When a person sells two similar items, one at a gain of say x%, and the other at a loss of x%, then the seller always incurs a loss
Which is given as:
Here, x = 25
Thus the loss percentage is 6.25 %