Question

PLEASE HELP ME IS DUE TMR

a trader earns a profit of $6,000 in 1988 and a profit of $8,000 more than double that amounts in 2003. write and expression that represents this situation and find the profit for 2003

Answer 1

p = 8000 + 2(6000)

20000

Explanation:

Given that:

Profit in 1988 = 6000

Profit in 2003 = 8000 more Than double the profit made in 1998

Hence profit in 2003 (p) can be expressed as :

p = 8000 + 2(6000)

Hence profit in 2003

p = 8000 + 12000

p = 20,000