An engineer bought a second-hand service car and later sold it to a client at a profit of 20%. The said client then resold the car to a trader at a profit of 28%. If the trader paid $30,000 more than it cost the engineer, how much did the engineer paid the car?
An engineer bought a second-hand service car and later sold it to a client at a profit of 20%. The said client then resold the car to a trader at a profit of 28%. If the trader paid $30,000 more than it cost the engineer, how much did the engineer paid the car?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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