SOLUTION: .} Recovering an investment. The manager at Cream of the Crop bought a load of watermelons for $200. She priced the melons so that she would make $1.50 profit on each melon. When a
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-> SOLUTION: .} Recovering an investment. The manager at Cream of the Crop bought a load of watermelons for $200. She priced the melons so that she would make $1.50 profit on each melon. When a
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Question 197937: .} Recovering an investment. The manager at Cream of the Crop bought a load of watermelons for $200. She priced the melons so that she would make $1.50 profit on each melon. When all but 30 had been sold, the manager had recovered her initial investment. How many did she buy originally? Found 2 solutions by josmiceli, yellow:Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = the number of watermelons bought
given: = the number of watermelons sold = profit made on watermelons sold = price paid per watermelon bought
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This is (cost/wm + profit/wm)*(actual wm's sold) = investment
Multiply both sides by (ignore negative result)
She bought 80 watermelons originally
check answer: = price paid per watermelon = watermelons sold = price paid for water melons sold = profit on watermelons sold
OK