Ask Question
15 April, 20:46

A dealer bought an article for $7 sold it for $8 bought it back for $9 and then sold it for $10 how much profit did he make

+4
Answers (1)
  1. 15 April, 23:57
    0
    To the total amount of money that a dealer spent is $7 + $9 or %16. His revenue from selling the same articles is $8 + $10 which is equal to $18. The profit is the difference between the total revenue and total cost.

    profit = $18 - $16 = $2

    Thus, the dealer has a profit of $2.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A dealer bought an article for $7 sold it for $8 bought it back for $9 and then sold it for $10 how much profit did he make ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers