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21 votes
21 votes
Malik buys and sells car parts. He bought two tires for $45.00 each and later sold them for $65.00 each. He bought three rims for $85.00 each and later sold them for $126.00 each. He bought five headlight covers for $5.00 each and later sold them for $15.00 each. What is Malik's total profit?

Malik buys and sells car parts. He bought two tires for $45.00 each and later sold-example-1
User SeanDowney
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1 Answer

17 votes
17 votes

Answer: $75

Step-by-step explanation: First he bought tires for 45.00 dollars - later sold it as 65.0 dollars.

=> 65 - 45 = 20 dollars is his profit

he brought 3 rims for 85 dollar - then later sold it as 126 dollars

=> 126 - 85 = 41 dollars

He bought headlight for 5.00 dollars then sold it later for 15 dollars.

=> 15 - 5 = 10 dollars

Total expenses

=> 134

Total amount sold

=> 209

Profit => 209 - 134 = 75 dollars

User Marquise
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3.0k points