500
A furniture shop sold 50 cabinets and 70 bookshelves for $45,500 altogether. Each cabinet cost $350. What was the price of each bookshelf?
Cost of all cabinets: 50 x $350 = $17,500
Cost of all bookshelves: $45,500 – $17,500 = $28,000
Cost of one bookshelf: $28,000 ÷ 70 = $400
Each bookshelf cost $400.