Solve the Problem. -The Paperback Trader Is a Book Store That Takes in That

question 266

Multiple Choice

Solve the problem.
-The Paperback Trader is a book store that takes in used paperbacks for 20% of their cover price and sellsthem for 50% of their cover price. Pat brings in a stack of 17 paperback books to trade and gets $13.73credit. Some of the books had a cover price of $5.98, the rest $2.98. She wants to get some Tom Clancybooks having a cover price of $5.98. How many $5.98 books did she bring in and how many Clancy bookscan she get without paying any additional cash?

• A)6 $5.98 books, 4 Clancy books
• B)11 $5.98 books, 2 Clancy books
• C)6 $5.98 books, 5 Clancy books
• D)6 $5.98 books, 2 Clancy books

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Definitions:

Creditors

Individuals or entities that are owed money by debtors.

Venture

A new business enterprise or undertaking that involves some level of risk.

Snow Cone Stands

Small retail outlets or kiosks that sell snow cones or shaved ice treats, often in various flavors and colors.