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 company owns only cars and trucks. The sum of the cars and trucks owned...
- math - A car dealer has 30 cars and trucks. If 2 more cars are delivered, the ...
- BusinessLAW - I buys a car from Ace Car Dealer. The car was manufactured and ...
- Math - A company replaces their cars every 6 years. A car is worth $13520 after ...
- Algebra 2 - "At a school sponsored car wash, the fees charged were: $5 per car...
- Math - Company Alpha rents a compact car for $20 per day plus $0.09 per mile. ...
- Algebra - A company has a fixed monthly manufacturing cost of $12,000 and it ...
- Business Mathematics - A hypothetical car manufacture company makes its best ...
- physics question - Same rental cars have a GPS unit installed, which allows the...

More Related Questions