SOLUTION: A bakery owner sold her last two cakes for $36 each. She made a profit of 24% on one cake, but had an 8% loss on the other. What was the total profit or loss on the two sales?

SOLUTION: A bakery owner sold her last two cakes for $36 each. She made a profit of 24% on one cake, but had an 8% loss on the other. What was the total profit or loss on the two sales?

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Question 1144857: A bakery owner sold her last two cakes for $36 each. She made a profit of 24%
on one cake, but had an 8% loss on the other. What was the total profit or
loss on the two sales?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
1.24a=36
a=36/1.24=29.0322580645
.92b=36
b=36/.92=39.1304347826
39.1304347826+29.0322580645=68.1626928471
72-68.1626928471= 3.8373071529
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