Given :
Rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio.
She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce.
To Find :
What is Prema’s profit in 2009 and 2010.
Solution :
Price of one third ounces of gold, in 2005 is :
P = $414/3 = $138 .
Profit from selling them in 2009 is :
P1 = $(953 - 138) = $815 .
Profit from selling them in 2010 is :
P2 = $( 1367 - ( 414 - 138 ) ) = $1091 .
Therefore, Prema's profit in 2009 is $815 and 2010 is $1091.
Hence, this is the required solution.
Answer:
39
Step-by-step explanation:
Let the smallest number be n,
then the three numbers are n, n+1 and n+2
Therefore, n+(n+1)+(n+2)=120
Collecting like terms,
n+n+n=120-1-2
3n=117
n=117/3
n=39
Therefore the numbers are 39,40 and 41.
And the smallest number is 39.
Answer:
speed = distance÷time 48.7÷1.2 = 40.58
Answer:
Step-by-step explanation:
-5x - 10y = -30
5x + 3y = 2
-7y = -28
y = 4
x + 8 = 6
x = -2
(-2, 4)
Answer: 10 Slices
Step-by-step explanation:
10 slices of cheese is about $0.24 a slice.
12 Slices of cheese is about $0.26 a slice.
So 10 slices is the better deal.
