Tim bought some markers at $4 each. He later sold them to his customers at $6 each. For customers who bought three markers were given another marker for free. The customers bought either one or three markers. Tim gave away 140 free markers and collected a total of $540 more than what he had paid for. How many customers bought just one marker each?
|
Markers sold |
Markers given to customers who got 1 marker each |
Markers given to customers who got 4 markers each |
Number |
1 u |
1 u - 560 |
560 |
Value |
$4 |
$6 |
$6 |
Total Value |
4 u |
6 u - $3360 |
$2520 |
Since 140 markers were given free, there were 140 customers who bought three markers each.
Number of markers that each customer would get if they bought three markers each and got 1 marker free
= 3 + 1
= 4
Total number of markers for customers who each bought three markers
= 4 x 140
= 560
Number of markers for customers who each bought 1 marker = 1 u - 560
Total amount collected from customers who bought 1 marker each
= 6 x (1 u - 560)
= 6 u - 3360
Total amount collected from customers who bought three markers each
= 140 x 3 x 6
= $2520
Total amount collected from all the customers
= 6 u - 3360 + 2520
= 6 u - 840
Tim collected a total of $540 more than what he had paid for.
6 u - 840 = 4 u + 540
6 u - 4 u = 540 + 840
2 u = 1380
1 u = 1380 ÷ 2 = 690
Number of customers who bought just one marker
= 1 u - 560
= 690 - 560
= 130
Answer(s): 130