An automobile dealer has $600,000 ofinventory in minivans and alternative-fueled vehicles.The profit on a minivan is 24% and the profit on analternative-fueled vehicle is 28%. The profit for theentire stock is 25%. How much was invested in eachtype of vehicle?
An automobile dealer has $600,000 ofinventory in minivans and alternative-fueled vehicles.The profit on a minivan is 24% and the profit on analternative-fueled vehicle is 28%. The profit for theentire stock is 25%. How much was invested in eachtype of vehicle?
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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An automobile dealer has $600,000 of
inventory in minivans and alternative-fueled vehicles.
The profit on a minivan is 24% and the profit on an
alternative-fueled vehicle is 28%. The profit for the
entire stock is 25%. How much was invested in each
type of vehicle?
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