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Ymorist [56]
4 years ago
9

A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?

Business
1 answer:
VMariaS [17]4 years ago
6 0
Cost price = 6,500
Selling price + profit = 9500
Profit gained = 9,500 - 6,500 = $3000
Number of tires bought = 3000/50 = 60
The dealer bought 60 tires.

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sale price 130

variable 65

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\frac{Fixed\:Cost + Target \: Profit }{Contribution \:Margin} = Units\: to\: Profit

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