SOLUTION: You owned an organic food store lasr year. In 7 of the 12 months you made $50,000/ month, in 3 of the 12 months you lost $40,000/ month and 2 of the 12 months you broke even. What

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You owned an organic food store lasr year. In 7 of the 12 months you made $50,000/ month, in 3 of the 12 months you lost $40,000/ month and 2 of the 12 months you broke even. What       Log On

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Question 1116987: You owned an organic food store lasr year. In 7 of the 12 months you made $50,000/ month, in 3 of the 12 months you lost $40,000/ month and 2 of the 12 months you broke even. What was your average monthly profit?
Please explain how you got the answer

Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
In 7 of the 12 months you made $50,000/ month, in 3 of the 12 months you lost $40,000/ month and 2 of the 12 months you broke even.
What was your average monthly profit?
Please explain how you got the answer
a = %28%287%2850000%29-3%2840000%29%2B2%280%29%29%29%2F12
a = %28%28350000-120000%29%29%2F12
a = 230000%2F12
a = $19,666.67 average profit over 12 months