A company make a profit of 8% on a sell of $20,000; it also make a profit of 6% on a sell of $5,000. How much the total profit does the company make on both transaction?
$2300 B. $1400 C. $1420 D. $1900 E. $1490 F. None
the robot tutor is wrong!
.08(20000) + .06(5000) = 1900 , not 1490
of the above
Answer: E. $1490