Question

Nathan sells posters. He starts with $1,000 and buys 9 posters for $28 each. He sells 5 posters for $42 each. He says that he has about $900 after selling the 5 posters. Is Nathan’s estimate reasonable? Nathan’s estimate is reasonable. He spent about $200 and earned about $100 so he should have about $100 less than he started with. Nathan’s estimate is reasonable. He spent about $300 and earned about $200 so he should have about $100 less than he started with. Nathan’s estimate is not reasonable. He spent about $200 and earned about $200 so he should have the same amount of money as he started with. Nathan’s estimate is not reasonable. He spent about $300 and earned about $200 so he should have about $100 more than he started with

Answer 1

Answer:

Nathan’s estimate is reasonable. He spent about $300 and earned about $200 so he should have about $100 less than he started with.

Step-by-step explanation:

Lets use round #s

He buys 10 posters at $30 each, so he spent 10*30 = 300

He sells 5 posters at $40 each, so he made 5*40 = 200

So he made 200 - 300 = -100, meaning he made 100 less than he started with. 100 less from 1000 is $900.