Answered: A retailer bought several pairs of…

A retailer bought several pairs of Jean's for $75,000. He sold all but 30 pairs got 86400 making a profit of $70 on each pair sold. How many pairs of Jean's did the retailer buy?

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter17: Making Decisions With Uncertainty

Section: Chapter Questions

Problem 3MC

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A retailer bought several pairs of Jean's for $75,000. He sold all but 30 pairs got 86400 making a profit of $70 on each pair sold. How many pairs of Jean's did the retailer buy?

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