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A vintage clothing dealer bought x shirts at c dollars each
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03 Dec 2020, 10:37
03 Dec 2020, 10:37
Expert Reply
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Question Stats:
89% (00:39) correct
10% (00:40) wrong based on 39 sessions
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A vintage clothing dealer bought x shirts at c dollars each and sold them at r dollars each. Which of the following expressions represents the profit the dealer made?
A. x(c − r)
B. x(r − c)
C. c(x − r)
D. r(x − c)
E. x(c + r)
Kudos for the right answer and explanation
A. x(c − r)
B. x(r − c)
C. c(x − r)
D. r(x − c)
E. x(c + r)
Kudos for the right answer and explanation
Re: A vintage clothing dealer bought x shirts at c dollars each
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10 Dec 2020, 09:29
10 Dec 2020, 09:29
Profit equation is that x*(C) - x*(R)
cost price and selling price are C & R respectively
By factoring the equation above we get x(c-r) which is B
"took me 3 minutes to get there
"
cost price and selling price are C & R respectively
By factoring the equation above we get x(c-r) which is B
"took me 3 minutes to get there
"
Re: A vintage clothing dealer bought x shirts at c dollars each
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10 Dec 2020, 10:56
10 Dec 2020, 10:56
1
Expert Reply
Because you did not think logically or thinking a real-world scenario
The cost of an item or the revenue is always the quantity \(\times\) the price
I would say: sell 10 TV $1000 each I gain $10,000. Pretty straight
Now, the profit is = revenue - costs, and the difference I charge over the sell is the mark-up
If x is the quantity
C is the price to buy them
R is the price I made selling them.
Of course, my profit what I gain is the quantity x \(\times\) the selling price minus the buy price
I buy 10 apples one dollar each I spend 10 dollars
I sell 10 apples for 1.5 dollars so my gain is 15
My revenue is 10 apples at 15 dollars in total with my profit of 5 dollars.
\(x(r-c)\)
Why did you used algebra ?? makes no sense
I hope this helps
The cost of an item or the revenue is always the quantity \(\times\) the price
I would say: sell 10 TV $1000 each I gain $10,000. Pretty straight
Now, the profit is = revenue - costs, and the difference I charge over the sell is the mark-up
If x is the quantity
C is the price to buy them
R is the price I made selling them.
Of course, my profit what I gain is the quantity x \(\times\) the selling price minus the buy price
I buy 10 apples one dollar each I spend 10 dollars
I sell 10 apples for 1.5 dollars so my gain is 15
My revenue is 10 apples at 15 dollars in total with my profit of 5 dollars.
\(x(r-c)\)
Why did you used algebra ?? makes no sense
I hope this helps
