Multiple choice

James purchased an antique clock for \$450 and spent an additional \$150 on repairs. Afterward, he sold the clock for a 20% profit over the total cost (the sum of the purchase price and the repair cost). Quantity A The selling price of the antique clock Quantity B $840

  1. Quantity A is greater.

  2. Quantity B is greater.

  3. The two quantities are equal.

  4. The relationship cannot be determined from the information given.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Total cost = 450 + 150 = 600. Selling price = 600 * 1.20 = 720. Quantity A = 720, Quantity B = 840. Quantity B is greater.

AI explanation

The total cost price is the sum of the purchase price and the repair cost, which is 450 plus 150 equals 600. Using the profit formula, the selling price is 600 multiplied by 1.20, which equals 720. Since 720 is less than 840, Quantity B is greater.

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