A tire dealer sells 2 tires for as much as he paid for 3 tires. He paid $240 for a dozen tires. What is the total profit on 12 tires?
Question
Solution 1
Step 1: Determine the cost of each tire. The dealer paid $240 for 12 tires, so each tire costs $240/12 = $20.
Step 2: Determine the selling price of each tire. The dealer sells 2 tires for as much as he paid for 3 tires. So, the selling price of each tire is the cost of 3 tires divided by 2, which Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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