Question

mrs. fletcher bought 5 coins for $32 each later she sold all the coins for $300 how much more did mrs. fletcher receive for each coin that she paid

Answer 1

She recieved 28 more dollars for each coin that she paid.

Answer 2

She received $60 for each coin.

Explanation:

• Mrs. Fletcher bought 5 coins for $32.
• Then, she sold them for $300.

We need to divide to know how much Mrs. Fletcher received for the coins

`(\$300)/(5)=\$60`

She received $60 for each coin.

Now, each coin had a cost of

`(\$32)/(5)= \$6.40`

So, he earned a profit of

`\$60 - \$6.40=\$53.60`