The seafood market is offering a discount. One pound of fish is 48 dollars. A businessman bought 4 pounds and sold it at a unit price of 60 dollars. He received 300 dollars. The businessman had no change and asked his neighbor for 100 dollars. The neighbor found that 100% of the money was fake. He asked the businessman for real money. The 300 dollars of fake money was recovered by the bank.How much did the businessman loose altogether?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter5: Systems Of Linear Equations
Section: Chapter Questions
Problem 339RE: LaVelle is making a pitcher of caffe mocha. For each ounce of chocolate syrup, she uses five ounces...
icon
Related questions
Question

The seafood market is offering a discount. One pound of fish is 48 dollars. A businessman bought 4 pounds and sold it at a unit price of 60 dollars. He received 300 dollars. The businessman had no change and asked his neighbor for 100 dollars. The neighbor found that 100% of the money was fake. He asked the businessman for real money. The 300 dollars of fake money was recovered by the bank.How much did the businessman loose altogether?

Expert Solution
Step 1

We have the following data interpretation and conclusions:-

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax