{"id":163742,"date":"2024-11-09T06:13:38","date_gmt":"2024-11-09T06:13:38","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=163742"},"modified":"2024-11-09T06:13:41","modified_gmt":"2024-11-09T06:13:41","slug":"a-small-business-lost-6200-in-its-first-year-lost-2150-in-its-second-year-and-earned-4780-in-its-third-year","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2024\/11\/09\/a-small-business-lost-6200-in-its-first-year-lost-2150-in-its-second-year-and-earned-4780-in-its-third-year\/","title":{"rendered":"A small business lost $6200 in its first year, lost $2150 in its second year, and earned $4780 in its third year."},"content":{"rendered":"\n<p>A small business lost $6200 in its first year, lost $2150 in its second year, and earned $4780 in its third year. Overall, in the 3-year period, how much did the business earn or lose?<br>Is this the correct expression?<br>[(6200 &#8211; 365) + ( 2150 &#8211; 730) + (4780 + 1095)]<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-ast-global-color-6-color\">The Correct Answer and Explanation is:<\/mark><\/strong><\/p>\n\n\n\n<p>To calculate the overall earnings or loss of the business over the 3-year period, we need to follow these steps:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1: Understand the Business&#8217;s Financial Results<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>First year<\/strong>: The business lost <strong>$6200<\/strong>.<\/li>\n\n\n\n<li><strong>Second year<\/strong>: The business lost <strong>$2150<\/strong>.<\/li>\n\n\n\n<li><strong>Third year<\/strong>: The business earned <strong>$4780<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2: Calculate the Overall Total<\/h3>\n\n\n\n<p>To find out how much the business earned or lost over the 3 years, we need to add up the results of each year:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Year 1<\/strong>: The business lost $6200, so this is a negative value: <strong>-6200<\/strong>.<\/li>\n\n\n\n<li><strong>Year 2<\/strong>: The business lost $2150, so this is also a negative value: <strong>-2150<\/strong>.<\/li>\n\n\n\n<li><strong>Year 3<\/strong>: The business earned $4780, so this is a positive value: <strong>+4780<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>Now, we add these three values:<\/p>\n\n\n\n<p>[<br>-6200 + (-2150) + 4780<br>]<\/p>\n\n\n\n<p>[<br>-6200 &#8211; 2150 + 4780 = -10700 + 4780 = -5920<br>]<\/p>\n\n\n\n<p>So, the total loss over the 3 years is <strong>$5920<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3: Evaluate the Given Expression<\/h3>\n\n\n\n<p>The provided expression is:<\/p>\n\n\n\n<p>[<br>[(6200 &#8211; 365) + (2150 &#8211; 730) + (4780 + 1095)]<br>]<\/p>\n\n\n\n<p>Let&#8217;s break it down:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>(6200 &#8211; 365)<\/strong>: This equals <strong>$5835<\/strong>, but this is not how we should approach the problem. The loss in the first year is <strong>$6200<\/strong>, and there&#8217;s no need for subtraction here.<\/li>\n\n\n\n<li><strong>(2150 &#8211; 730)<\/strong>: This equals <strong>$1420<\/strong>, which is not correct either. The loss in the second year is <strong>$2150<\/strong>, and no additional adjustments are needed.<\/li>\n\n\n\n<li><strong>(4780 + 1095)<\/strong>: This equals <strong>$5875<\/strong>, but the business earned <strong>$4780<\/strong>, so this additional amount is incorrect.<\/li>\n<\/ul>\n\n\n\n<p>Thus, the expression provided does not correctly represent the situation and contains unnecessary adjustments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Final Answer:<\/h3>\n\n\n\n<p>The business lost a total of <strong>$5920<\/strong> over the 3 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A small business lost $6200 in its first year, lost $2150 in its second year, and earned $4780 in its third year. Overall, in the 3-year period, how much did the business earn or lose?Is this the correct expression?[(6200 &#8211; 365) + ( 2150 &#8211; 730) + (4780 + 1095)] The Correct Answer and Explanation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-163742","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/163742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=163742"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/163742\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=163742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=163742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=163742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}