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)\"\" \"About 
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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.
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