First, find how much he paid by tire.
To do so, divide what he paid by how many tires he bought like this :
240$ / 12 = 20$ per tire
Then, calculate how much he sells each tire.
To do so, start by calculating how much he paid for 3 tires:
20$ x 3 = 60$
This is the price he sells 2 tires for, therefore :
60$ / 2 = 30$
he sells his tires 30$ each.
Finally, you have to calculate the profit he made by selling 12.
We already know how much it cost, so you need to find how much money he gets selling them :
12 tires x 30$ = 360$
To find the profit, take off the amount he paid from the amount he made :
360$ - 240$ = 120$
There you go!
Answer:
A. 57 7/9
Step-by-step explanation:
4 1/3 x 3 1/3 = 14 4/9
14 4/9 x 4 = 57 7/9
Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
1) 475
2)375
You need to multiply 25 by 27 and you get 675 then to get answer one you need to multiply 10 by 20 to get 200 the take 200 away from 675 to get 475 then do the same thing with the second problem 20x15 which is 300 the take 300 away from 675.
