SOLUTION: A person bought 510 greeting cards at 3 for $4 dollars. He sold 2/3 (fraction) of them at 2 for $3 and the rest at 5 for $6.50. What profit did he make?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A person bought 510 greeting cards at 3 for $4 dollars. He sold 2/3 (fraction) of them at 2 for $3 and the rest at 5 for $6.50. What profit did he make?      Log On

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Question 1091000: A person bought 510 greeting cards at 3 for $4 dollars. He sold 2/3 (fraction) of them at 2 for $3 and the rest at 5 for $6.50. What profit did he make?
Found 2 solutions by addingup, MathTherapy:
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
510/3 = 170
170 x 4 = 680 this is how much he paid
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510 x 2/3 = (510 x 2)/3 = 340 this is how many he sold at 2 for 3
(340/2) x 3 = 480 He got 480 for 2/3 of them.
510 - 340 = 170 These he sold at 5 for 6.50
(170/5) x 6.50 = 221
Add what he got: 480 + 221 = 701
And he paid total: . . . . . 680
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He made a profit of . . . . . 21

Answer by MathTherapy(10551) About Me  (Show Source):
You can put this solution on YOUR website!

A person bought 510 greeting cards at 3 for $4 dollars. He sold 2/3 (fraction) of them at 2 for $3 and the rest at 5 for $6.50. What profit did he make?
Correct answer: highlight_green%28matrix%281%2C3%2C+Profit%2C+%22made%3A%22%2C+%22%2451%22%29%29