SOLUTION: a man is selling car and bought a car for 3,500 and sold the car for 5,500 and made 50.00 off of each car how many cars did he have?

Algebra.Com
Question 189570: a man is selling car and bought a car for 3,500 and sold the car for 5,500 and made 50.00 off of each car how many cars did he have?
Answer by jojo14344(1513)   (Show Source): You can put this solution on YOUR website!


Let x= number of cars

Profit = Selling - Cost
P = $5,500 - $3,500 = $2,000

If $50 Profit per each car, it follows:
x=$2000/$50
x=40, Total cars
*Note, quite a lot of cars for $2000 profit?

Thank you,
Jojo

RELATED QUESTIONS

Translate to a system of equations and solve. Maxim has been offered positions by two... (answered by Boreal)
Michael bought two used cars and fixed them up. He sold the first one for a 35% profit... (answered by ankor@dixie-net.com)
A car is leased for 4 years at $279/month. One month's payment must be made in advance,... (answered by Theo)
The results of a recent survey indicate that the average new car costs $23,000 with a... (answered by Boreal)
The results of a recent survey indicate that the average new car costs $23,000 with a... (answered by Theo)
Chloe has been offered positions by two car dealers. The first company pays a salary of... (answered by Theo)
It takes 8 hours for car A to travel 500 km. How many hours will car B travel 500 km if... (answered by macston)
Jacques bought a new car for $15000. Each year, the value of the car depreciates to 70%... (answered by josmiceli)
A student at a university makes money by buying and selling used cars. Charles bought a... (answered by rfer)