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!
We know that we are solving for y.
This is a step by step procedure to get the value of y.
First: Move all terms to the left side and set equal to
zero.
Second: Then set each factor equal to zero.
The application is:
Given: py+7=6y+q
-6y -7 -6y -7 = 0
(p-6)y = q-7
divide both sides by p-6
y=(q-7)/(p-6)
Answer is y = (q – 7) / (p – 6)
Answer:
13.75
Step-by-step explanation:
The expected value of the hourly wage is the sum of the probabilities (percentage of time spent on each job) multiplied by the payoff (money earned) from each possible occurrence (job):
(0.6 × 11) + (0.25 × 19) + (0.15 × 16) = $13.75.