SOLUTION: Ms. Thompson has written a log for her store every 3 months for the last 6 years. If 2/3 of the log shows the store earns more money than it spends. 1. How many logs show her

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Question 1152942: Ms. Thompson has written a log for her store every 3 months for the last 6 years. If 2/3 of the log shows the store earns more money than it spends.

1. How many logs show her store spending money than it earns?

Found 2 solutions by ikleyn, josmiceli:
Answer by ikleyn(52803)   (Show Source): You can put this solution on YOUR website!
.
Ms. Thompson has written a log for her store every 3 months for the last 6 years. If 2/3 of the log shows the store earns more money than it spends.
1. How many logs show her store spending money than it earns?
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Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
( 12 months/year ) x ( 6 years ) = ( 72 months )
and
( 72 months ) / ( 3 months/ log ) = ( 24 logs )
and
( 24 logs ) x ( 2/3 ) = ( 16 logs ) earns more than spends
and
( 24 logs ) x ( 1/3 ) = ( 8 logs ) spends more than earns

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