1. **Stating the problem:** You get 20 cents for each correct answer and pay 10 cents for each wrong answer. After 30 questions, your profit is 1.80 dollars.
2. **Define variables:** Let $x$ be the number of questions you got right. Then the number of questions you got wrong is $30 - x$.
3. **Form the equation:** Profit = (money earned from right answers) - (money paid for wrong answers).
$$\text{Profit} = 0.20x - 0.10(30 - x)$$
4. **Set profit to 1.80:**
$$0.20x - 0.10(30 - x) = 1.80$$
5. **Simplify the equation:**
$$0.20x - 3 + 0.10x = 1.80$$
$$0.30x - 3 = 1.80$$
6. **Solve for $x$:**
$$0.30x = 1.80 + 3$$
$$0.30x = 4.80$$
$$x = \frac{4.80}{0.30} = 16$$
7. **Interpretation:** You got 16 questions right.
**Final answer:** $x = 16$ questions right.
Profit Questions
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