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Question

Chris bought a refrigerator for $10,456 and an oven for $9,256. Later, he sold the oven for $7,356. How much money did he actually spend in the end?

A
$19,712
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B
$12,356
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C
$12,456
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D
$12,366
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Solution

The correct option is B $12,356
Money spent on the refrigerator = $10,456

Money spent on the oven = $9,256

Total money spent on both the items = Sum of money spent on the refrigerator and the oven

Let's add 10,456 and 9,256 using vertical addition.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Keep in mind that we are adding like terms only.

The total money he spent on both the items is $19,712.

It is given that he sold the oven for $7,356 later.

So, he received $7,356. Hence, the actual money spent is the difference between the total money spent and the price received for the oven.

Let's subtract 7,356 from 19,712 using vertical subtraction.

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Keep in mind that we are subtracting like terms only.

Therefore, the actual amount spent is $12,356.

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