SOLUTION: The manager at Cream of the Crop bought a load of watermelons for $300. She priced the melons so that she would make $1.50 profit on each melon. When all but 30 had been sold, t

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: The manager at Cream of the Crop bought a load of watermelons for $300. She priced the melons so that she would make $1.50 profit on each melon. When all but 30 had been sold, t      Log On

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Question 329034: The manager at Cream of
the Crop bought a load of watermelons for $300. 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?
Help me!!!

Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
let number of melons she bought be x
she paid $300 for x melons
..
she made a profit of 1.50 per melon
she sold x-30 melons
she made a total profit of 1.50*( x -30)
..
1.50(x-30)= 300
1.50x - 45=300
1.50x = 300+45
1.50x = 345
x= 345/1.50
x= 230 melons