SOLUTION: Anoa bought two plots of land for a total of $1200. When she sold the first plot, she made a profit of 15%. When she sold the second she lost 10%. Her totla profit was $5500. H
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Question 43976: Anoa bought two plots of land for a total of $1200. When she sold the first plot, she made a profit of 15%. When she sold the second she lost 10%. Her totla profit was $5500. How much did she pay for each piece of land. Answer by checkley71(8403) (Show Source):
You can put this solution on YOUR website! I BELIEVE YOU HAVE LEFT SOMETHING OUT OF THIS PROBLEM
A 15% PROFIT ON ALL THAT WAS BOUGHT ONLY AMOUNTS TO 1200*.12=$144 SO HOW COULD YOU MAKE $5500 IF SOME OF THE PROPERTY WAS SOLD AT A LOSS?????????????