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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,
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Oct 7, 2017
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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
Mathematics
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Kin Cheung
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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
Vytautas Pranskunas
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Oct 13, 2017
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Vytautas Pranskunas
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