Examkin

Soru

Zorluk: KolayProfit and Loss

A mechanic purchases a broken bicycle for $40\$40 at a garage sale. He then buys new tires and a chain for a total of $25\$25. After repairing the bicycle, he sells it for $110\$110. What is his total profit, in dollars?

Cevap: 45

Cevap

45
The total cost is the sum of the purchase price ($40\$40) and the repair parts ($25\$25), which is $65\$65. The profit is found by subtracting this total cost from the selling price ($110\$110), which gives $45\$45.

Adım Adım Çözüm

1
Calculate the total cost.
$40+$25=$65\$40 + \$25 = \$65
The total cost includes the purchase price plus the cost of the repair parts.
2
Calculate the profit.
$110−$65=$45\$110 - \$65 = \$45
Profit is the difference between the selling price and the total cost.

Anahtar Kavram

Profit is calculated by subtracting all associated costs (purchase price plus any overhead or repairs) from the final selling price.
Bu soruyu puanla

Konular

Profit and Loss

Bu konudan daha fazla soru