In the past 4 years, a sporting goods store had two yearly losses of $28,000 and $42,000 and two yearly profits of $104,000 and $10,000.

What was the net profit or loss over 4 years?

A.

-$70,000

B.

$114,000

C.

$44,000

D.

-$44,000

Question

Mathematics

Martin Oliver

3 August, 15:33

In the past 4 years, a sporting goods store had two yearly losses of $28,000 and $42,000 and two yearly profits of $104,000 and $10,000.

What was the net profit or loss over 4 years?

A.

-$70,000

B.

$114,000

C.

$44,000

D.

-$44,000

+5

Answers (1)

Know the Answer?

Kaitlin Spencer · Answer 1

Losses: 28,000 + 42,000 = 70,000

profit: 104,000 + 10,000 = 114,000

net profit = profit - losses

net profit = 114,000 - 70,000

net profit = 44,000

The net profit over the 4 year period is Choice C. 44,000

In the past 4 years, a sporting goods store had two yearly losses of $28,000 and $42,000 and two yearly profits of $104,000 and $10,000.What was the net profit or loss over 4 years?A.-$70,000B.$114,000C.$44,000D.-$44,000

In the past 4 years, a sporting goods store had two yearly losses of $28,000 and $42,000 and two yearly profits of $104,000 and $10,000.

What was the net profit or loss over 4 years?

A.

-$70,000

B.

$114,000

C.

$44,000

D.

-$44,000