Solve the Problem Using the Elimination Method $\$ 200$ More Than the Rest of the Sales Staff

question 14

Multiple Choice

Solve the problem using the elimination method.
-A salesman sold $\$ 200$ more than the rest of the sales staff. If the sales total for the day was $\$ 2050$ , how much did the rest of the sales staff sell?

• A) \(\$ 1125\)
• B) \(\$ 925\)
• C) \(\$ 1850\)
• D) \(\$ 1025\)

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Definitions:

Exchange Rates

The worth of one currency when converting it to another.

Loan Liability

A financial obligation representing money borrowed by one party from another, requiring repayment with interest.

Foreign Exchange Rate

The rate or price at which one currency can be exchanged for another, influencing international trade and investment.

Interest

The cost of borrowing money or the income earned from lending money, usually expressed as a percentage of the principal.