Jimmy has a collection of 5 action figures. Each figure is worth $15, except for one which is worth $20. He decided to sell his collection. To do it fast he decided to sell each of them for $5 less than their value. How much will Jimmy earn if he sells all the figures?
Thoughts? Step-by-step reasoning:
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Four of the five figures are worth 4 * 15 = $60. With one more expensive figure, they are all worth 60 + 20 = $80. On all action figures, Jimmy will lose 5 * 5 = $25 if he sells them cheaper. So if Jimmy sells the figures he will get 80 - 25 = $55.
Thus, the answer is 55.
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