Amy bought and then sold avocados, for some positive integer . She made a profit of $100. (Her profit is the difference between the total amount that she earned by selling the avocados and the total amount that she spent in buying the avocados.) She paid $2 for every 3 avocados. She sold every 5 avocados for $4. What is the value of ?
CEMC Cayley, 2021
Pick one
Solution
Amy bought and then sold avocados.
Since she bought the avocados in groups of 3, she bought groups of 3 avocados.
Since she paid $2 for every 3 avocados, she paid .
Since she sold the avocados in groups of 5, she sold groups of 5 avocados.
Since she sold every 5 avocados for $4, she received .
In terms of , Amy’s profit is .
Since we know that Amy’s profit was $100, we get and so or .
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