Problema Solution
a merchant purchased two lots of shoes. One lot her purchased for $32 per pair and the second lot he purchased $40 per pair. There were 50 pairs in the first lot. How many pairs were in the second lot if he sold them all at $60 per pair and made a gain of $2800 on the entire transaction?
Answer provided by our tutors
Let 'x' represent the number of pairs of shows in the second lot.
32*50 + 40x = 60(50 + x) - 2800
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click here to see the equation solved for x
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x = 70 pairs of shoes
There were 70 pairs of shoes in the second lot.