document.write( "Question 1019635: A shopkeeper sold 16 articles for total of $400 and made a profit of $48.00. How much did each article cost him? \n" ); document.write( "
Algebra.Com's Answer #635599 by robertb(5830) You can put this solution on YOUR website! Let x = cost of each article. \n" ); document.write( "We use the formula Profit = Revenue - Cost. \n" ); document.write( "Profit = 48, as mentioned. \n" ); document.write( "Revenue = 400. \n" ); document.write( "If there were 16 articles, the total cost would be 16x.\r \n" ); document.write( "\n" ); document.write( "Thus, after substitution, we get\r \n" ); document.write( "\n" ); document.write( "48 = 400 - 16x \n" ); document.write( "==>16x = 400 - 48 = 352\r \n" ); document.write( "\n" ); document.write( "==>x = 352/16 \n" ); document.write( "x = 22\r \n" ); document.write( "\n" ); document.write( "Therefore each article cost him $22. \n" ); document.write( " |