anonymous
  • anonymous
Please help me! Thanks! Questions will be comments
Mathematics
schrodinger
  • schrodinger
See more answers at brainly.com
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this
and thousands of other questions

anonymous
  • anonymous
Ryan Hayes bought a stereo for $75. He spent $24.75 repairing the cabinet. He sold the stereo for $150. Find the net profit
anonymous
  • anonymous
Well the net profit is \[Profit = Income - Expenses\]
anonymous
  • anonymous
I got $99.75. Is it correct?

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
No
anonymous
  • anonymous
Ok I am confused. ._.
anonymous
  • anonymous
He bought the stereo - here he's giving someone else money, so that's an expense ($75) He had it repaired - here he's also giving out money, so it's an expense too ($24.75) He sold it - here he's receiving money, so it's an income ( $150) Then just plug them in to the formula:\[Profit = (150) - (75 + 24.75)\]\[Profit = 50.25\]
anonymous
  • anonymous
Oh ok. Thank you for your help.
anonymous
  • anonymous
No problem. You should click the "Good Answer" button when someone helps you out :)

Looking for something else?

Not the answer you are looking for? Search for more explanations.