Question

Ten friends start a business. Together they spend $500 for their initial inventory. they will sell all of their initial inventory for a profit, which will be split evenly among themselves. If each friend makes a profit of $260, what was the selling price of the inventory?

Answer 1

2600...my said that,but i think all she did was multiply 10 times 260................little sisters....

Answer 2

Comment if you need clarification!