document.write( "Question 697272: Jim owns a used car lot. Today, he sold two cars for $7,500 each. He made a 25% profit on the first car, but the second sale resulted in a 25% loss. Did he make money, break even, or lose money today? Show work. \n" ); document.write( "
Algebra.Com's Answer #429837 by checkley79(3341)![]() ![]() ![]() You can put this solution on YOUR website! 1000-2500=$-1500 IS THE LOSS.1.25X=7500 \n" ); document.write( "X=7500/1.25 \n" ); document.write( "X=6000 \n" ); document.write( "PROFIT=7500-6000=$1500 \n" ); document.write( ".75X=7500 \n" ); document.write( "X=7500/.75 \n" ); document.write( "X=10000 \n" ); document.write( "LOSS=10000-7500=$2500 \n" ); document.write( " \n" ); document.write( " |