Posted by **Andrea** on Thursday, July 24, 2008 at 9:54pm.

A car manufacturing company (the Company) can produce a car for $3000.00 and a truck for $5000.00. Suppose "C" cars and "T" trucks are sold to the dealer at mark-ups, respectively, of 20 and 30 percent. If the Company made a profit of $27 million on sales of $137 million in one particular year, how many cars and trucks were sold by the company in that year?

I need to make two equations out of this and then use the substitution or elimination method. I posted this question earlier but the two equations didn't work out because I kept getting a negative answer

- Pre-Calculus -
**bobpursley**, Thursday, July 24, 2008 at 10:24pm
5000(1.2)T+3000(1.3)C=137,000,000

5000*.2T+ 3000(.3)C=27,000,000

Which reduces to

6T+3.9C=137000

T+.9C=27000

Check my thinking.

## Answer this Question

## Related Questions

Pre-Calculus - A car manufacturing company (the Company) can produce a car for $...

math - A car dealer has 30 cars and trucks. If 2 more cars are delivered, the ...

Algebra 2 - "At a school sponsored car wash, the fees charged were: $5 per car...

finance math - A car dealer purchased 2 cars, one for $1500 and the other for $...

BusinessLAW - I buys a car from Ace Car Dealer. The car was manufactured and ...

math - a dealer has 30 cars and trucks. If 2 more cars are delivered, the dealer...

Algebra - Evan washes two types of vehicles. It takes him 30 minutes to wash a ...

Math - A company replaces their cars every 6 years. A car is worth $13520 after ...

scienc - I'm driving my car of mass 1000 kg at 100 km/hr when I accidentally ...

Math - The supply and demand for a business manufacturing toy cars are given by ...