Question

Emma buys and sells truck parts. She bought two tires for $35.00 each and later sold them for $65.00 each. She bought three rims for $75.00 each and later sold them for $136 each. She bought five headlight covers for $4.00 each and later sold them for $15.00 each. What is Emma’s total profit?

Answer 1

To find Emma's profit, you will calculate her cost for all the items and the amount of money she collected when she resold the items.

Subtract the two amounts to find her profit or how much money she made when she sold them.

Amount Emma paid:  (2 x 35) + (3 x 75) + (5 x 4) = $315

Amount the items sold for:  (2 x 65) + (3 x 136) + (5 x 15) = $613

$613 - $315 = $298

Emma made $298 in profit on her items.