Question

Suppose an amusement park bought a merry‐go‐round for $92,000. 42,512 people paid $2 each to ride the merry‐go‐round in its first year of operation. Did the park earn or lose money in the first year? How much?

Answer 1

yes they did lose money

Explanation:

42,512×2 = 85,024

92,000 - 85,024 = 6,976

they lost $6,976 in the first year