SOLUTION: an automobile dealer has $600000of inventory in compact cars and midsize cars. The profit on a compact car 24% and the profit on a midsize car is 28%. The profit for the entire sto

SOLUTION: an automobile dealer has $600000of inventory in compact cars and midsize cars. The profit on a compact car 24% and the profit on a midsize car is 28%. The profit for the entire sto

Algebra.Com

Question 654266: an automobile dealer has $600000of inventory in compact cars and midsize cars. The profit on a compact car 24% and the profit on a midsize car is 28%. The profit for the entire stock is 25%. How much was invested in each type of car?
Answer by stevn940(1) (Show Source): You can put this solution on YOUR website!

RELATED QUESTIONS
600,000An automobile dealer has 600,000$ invested in compact cars & mid sized cars....The (answered by checkley77)

a car rental agency has 14 midsize and 16 compact cars on its lot, from which 6 will be... (answered by ewatrrr)

2) Suppose 50% of the cars are manufactured in the United States and 15% of these are... (answered by greenestamps)

Please help me solve this word problem: A drug store parking lot has space for 1000... (answered by ankor@dixie-net.com)

The management of hartman rent a car has allocated $1.5 million to buy a new fleet of... (answered by Theo)

The management of hartman rent car has allocated 2.52 million to buy a fleet of new... (answered by macston)

Consider a distribution of the weights of cars in the new car lot at a car dealership in... (answered by stanbon)

I need to solve with a system of linear equations and I don't know how to write the... (answered by scott8148)

I need to solve with a system of linear equations and I don't know how to write the... (answered by ankor@dixie-net.com)