No Alan did not break even
Alan incured a loss of 6.25 %
<em><u>Solution:</u></em>
Given that,
Alan bought two bikes
He sold one to Beth for $300 taking a 25% loss
He also sold one to Greta for $300 making a 25% profit
When a person sells two similar items, one at a gain of say x%, and the other at a loss of x%, then the seller always incurs a loss
Which is given as:
Here, x = 25
Thus the loss percentage is 6.25 %
Answer:
C = 14
Step-by-step explanation:
If we graph the inequalities, the solution set of the constraints is the shaded area (see attached diagram).
The vertices of the shaded area are (0, 20), (6, 8) and (18, 0)
To determine the minimum value of C, substitute the values of x and y of each vertex into C = x + y:
at (0, 20): C = 0 + 20 = 20
at (6, 8): C = 6 + 8 = 14
at (18, 0): C = 18 + 0 = 18
Therefore, the minimum value is at (6, 8) ⇒ C = 14
