Question 308887: 600,000An automobile dealer has 600,000$ invested in compact cars & mid sized cars....The profit on the sale of the compact cars is 1% and the profit on the mid sized cars is 16%....how much did the dealer invest in midsized cars if the overall profit on the total investement is 12%
Answer by checkley77(12569) (Show Source):
You can put this solution on YOUR website!
X=160,000 WAS INVESTED IN COMPACT CARS.
600,000-160,000=440,000 AMOUNT INVESTED IN MID SIZED CARS.