SOLUTION: A bakery owner sold her last two cakes for $36 each. She made a profit of 24%
on one cake, but had an 8% loss on the other. What was the total profit or
loss on the two sales?
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A bakery owner sold her last two cakes for $36 each. She made a profit of 24%
on one cake, but had an 8% loss on the other. What was the total profit or
loss on the two sales?
Log On
Question 1144857: A bakery owner sold her last two cakes for $36 each. She made a profit of 24%
on one cake, but had an 8% loss on the other. What was the total profit or
loss on the two sales? Answer by richwmiller(17219) (Show Source):
You can put this solution on YOUR website! 1.24a=36
a=36/1.24=29.0322580645
.92b=36
b=36/.92=39.1304347826
39.1304347826+29.0322580645=68.1626928471
72-68.1626928471= 3.8373071529
