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anonymous
 4 years ago
Please help me! Thanks! Questions will be comments
anonymous
 4 years ago
Please help me! Thanks! Questions will be comments

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anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0Ryan Hayes bought a stereo for $75. He spent $24.75 repairing the cabinet. He sold the stereo for $150. Find the net profit

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0Well the net profit is \[Profit = Income  Expenses\]

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0I got $99.75. Is it correct?

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0Ok I am confused. ._.

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0He 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
 4 years ago
Best ResponseYou've already chosen the best response.0Oh ok. Thank you for your help.

anonymous
 4 years ago
Best ResponseYou've already chosen the best response.0No problem. You should click the "Good Answer" button when someone helps you out :)
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