Question

When investing money in stock markets, often investors look at the net profit margin ratio for a company. The net profit margin ratio for two companies is modelled by 5x/2x-3 for company A and by 8x/3x-1 for company B where x is the number of items sold in thousands. Determine, using an algebraic solution, the number of items sold for both companies to have the same net profit margin ratio.

Answer 1

1500 items must be sold per month.