tracking Profits

exdredy · #1 Nov 16, 2007, 11:06 AM

A retailer spent $48 to purchase a number of special mugs. Two of them were broken in the store, but by selling each of the remaining mugs for $3 above the original cost per mug, she made a total profit of $22.
Construct an equation that will allow us to solve for the number of mugs, denoted by "n", that were originally purchased.

A) if the price for n mugs is $48, how can we express the cost per mug?

terryg752 · Nov 16, 2007, 01:16 PM

Let n be the number purchased for $48

cost per mug = 48/n

No. sold = n -2

Sale proceeds = (48/n + 3) (n -2) = 48 + 22

Solve this equation



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