SOLUTION: A shop owner bought some.Shovels for 5,500, the shovels were sold for 7,300 with a profit of 50 per a shovel. How many shovels were involved

Algebra ->  Finance -> SOLUTION: A shop owner bought some.Shovels for 5,500, the shovels were sold for 7,300 with a profit of 50 per a shovel. How many shovels were involved       Log On


   



Question 976547: A shop owner bought some.Shovels for 5,500, the shovels were sold for 7,300 with a profit of 50 per a shovel. How many shovels were involved
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
Find the total profit.
P=7300-5500
P=1800
Since each shovel makes up 50 of the profit.
50N=1800
N=1800%2F50
N=36
36 shovels were sold.