a.
The profit for the month.
a.
Answer to Problem 74SR
The profit for the month is -753
Explanation of Solution
Given Information:
Where P is the profit.
I is the income
E is the expense.
Income I=$19,592
Expense E=$20,345
Calculation:
It is given that
Plugging the known values
b.
What does a negative profit means?
b.
Answer to Problem 74SR
Negative profit indicates that it is a loss.
Explanation of Solution
Given Information:
Where P is the profit.
I is the income
E is the expense.
Income I=$19,592
Expense E=$20,345
Calculation:
It is given that
Plugging the known values
Since the value is negative it means that he has spent more than income, hence a loss.
Chapter 5 Solutions
Pre-Algebra Student Edition
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