A merchant's transactions resulted in the following: a gain of $35, a gain of $14, a loss of $26, a gain of $18, and a loss of $9. Find the average gain or loss per transaction.
2006-10-16 07:07:29 · 6 answers · asked by prettygirlme 1 in Science & Mathematics ➔ Mathematics
To find average add up all the transactions and divide by 5, because there are a total of 5 transactions.
Gains are positive and losses are negative.
+35+14-26+18-9 = 32
Now take the 32 and divide by 5.
Hope this helps. Good luck.
2006-10-16 07:16:03 · answer #1 · answered by SmileyGirl 4 · 0⤊ 0⤋
Total gain = $35 + $14 + $18 = $67
Total loss = $26 + $9 = $35
Net gain = Total gain - Total loss = $67 - $35 = $32
No. of transactions = 5.
So avg. gain per transaction = Net gain / No. of transactions = $32 / 5 = $6.4
2006-10-16 14:14:07 · answer #2 · answered by psbhowmick 6 · 1⤊ 0⤋
it would seem to me that you should just add all the transactions and divide by amount of total transactions.
35+14-26+18-9=32 32/5=6.4 so an average gain of 6.4$ per transaction
2006-10-16 14:11:42 · answer #3 · answered by Aeacus 2 · 1⤊ 0⤋
(35+14+(-26)+18+(-9))/5
2006-10-16 14:09:45 · answer #4 · answered by Greg G 5 · 0⤊ 0⤋
$6.40 average gain per transaction.
2006-10-16 14:19:03 · answer #5 · answered by Anonymous · 0⤊ 0⤋
6.4 per transaction
2006-10-16 14:19:48 · answer #6 · answered by derek6711 3 · 0⤊ 0⤋