SOLUTION: A trader bought paraffin for $500. He paid $x for each litre. a) Due to a leak he lost 3 litres of paraffin. He sold the remainder for $1 per liter more than he paid for it. Write

Algebra ->  Quadratic Equations and Parabolas  -> Quadratic Equations Lessons  -> Quadratic Equation Lesson -> SOLUTION: A trader bought paraffin for $500. He paid $x for each litre. a) Due to a leak he lost 3 litres of paraffin. He sold the remainder for $1 per liter more than he paid for it. Write      Log On


   



Question 872872: A trader bought paraffin for $500. He paid $x for each litre.
a) Due to a leak he lost 3 litres of paraffin. He sold the remainder for $1 per liter more than he paid for it. Write an experession in terms of x for his total income.
B) He made a $20 profit. Write and solve the equation which represents this information.
c) How many litres of paraffin did he sell?
I know that 500/x is the amount of litres he bought, so 500%2Fx+-3 is the remaining amount. I don't know what to do next, is the remaining amount multiplied by (x+1)?

Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
A trader bought paraffin for $500. He paid $x for each litre.
Number of litres he bought = 500/x
a) Due to a leak he lost 3 litres of paraffin.
balance = (500/x) -3
He sold the remainder for $1 per liter more than he paid for it.
%28%28500%2Fx%29-3%29%28x%2B1%29 = total sales

Profit =%28%28500%2Fx%29-3%29%28x%2B1%29-500

Write an expression in terms of x for his total income.

B) He made a $20 profit.
%28%28500%2Fx%29-3%29%28x%2B1%29-500=20

c) How many litres of paraffin did he sell?
%28%28500%2Fx%29-3%29%28x%2B1%29=520
mulyiply by
(500-3x)(x+1) =520x
500x+500-3x^2-3x=520x
3x^2+23x-500=0
solve
a= 3 , b= 23 , c= -500

b^2-4ac= 529 + 6000
b^2-4ac= 6529
%09sqrt%28%096529%09%29=%0980.8%09
x=%28-b%2B-sqrt%28b%5E2-4ac%29%29%2F%282a%29
x1=%28-b%2Bsqrt%28b%5E2-4ac%29%29%2F%282a%29
x1=( -23 + 80.8 )/ 6
x1= 9.63
x2=%28-b-sqrt%28b%5E2-4ac%29%29%2F%282a%29
x2=( -23 -80.8 ) / 6
x2= -17.30
Ignore negative value
cost per litre = 9.63
that works out to 51.92 litres
he sold 48.92 litres @ 10.63
= 520.02