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A Profit And Loss Problem (Posted on 2006-11-15) Difficulty: 2 of 5
Ms. Posey invested some of her money into five companies. She recently learnt how much money she made or lost in each.

Using the clues provided below, determine what product each company sold, how much Ms.Posey invested in each, and her loss or profit.
Names of the companies, products, amount invested and profit (or loss) for the investment are given below (albeit, not necessarily in that order):

Companies: Anderson & Co., Cranston & Co., Crowe & Co., Gowin & Co., Stuart & Co.
Products: Aluminium, Paint, Paper, Siding, Soft drinks.
Amount Invested : $100, $200, $300, %500, %800
Profit/Loss: 5% loss, 10% profit, 15% profit, 20% loss, 30% profit

CLUES:

1. Stuart & Co. witnessed a 30% profit. Ms. Posey's profit for the product sold by that company was $30.
2. Ms. Posey made the most money from the company selling paint, which was neither Crowe & Co. nor Cranston & Co.
3. Aluminium was the worst investment made by Ms. Posey, costing her $160.
4. Anderson & Co. sells sidings. Cranston does not produce soft drinks.
5. Crowe & Co. showed a loss of 20%.
6. Ms. Posey invested $300 into Cranston & Co.
7. Her $200 investment cost her 5%.
8. Gowin & Co. returned $50 to Ms. Posey.

  Submitted by K Sengupta    
Rating: 3.5000 (4 votes)
Solution: (Hide)
Gowin & Co. sold Paint. Ms.Posey invested $500 and her profit was $50.

Anderson & Co. sold Siding . Ms.Posey invested $200 and her loss was $10.

Stuart & Co. sold Soft Drinks. Ms.Posey invested $100 and her profit was $30.

Crowe & Co. sold Aluminium. Ms.Posey invested $800 and she lost $160.

Cranston & Co. sold Paper. Ms.Posey invested $300 and her profit was $45.

Comments: ( You must be logged in to post comments.)
  Subject Author Date
re: solutionSeanpcolwell2006-12-11 06:19:51
solutionstinkysally2006-11-24 22:16:48
I solved tooelementofsurprize2006-11-22 12:21:34
Second AttemptDanielle Page2006-11-20 15:24:39
My SolutionDanielle Page2006-11-16 16:39:05
Here goes...Samuel Hutson, III2006-11-16 12:12:29
My solutionDemplez2006-11-16 11:40:32
solutionbenji2006-11-15 14:07:13
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