Question

Pls help!

Find the profit or loss if:
Cost price = $250 Selling price = $325
also state wether it’s a profit or loss

Answer 1

$75

Explanation:

Calculating profit or loss:

Selling price - Cost price

The profit or loss

= 325-250

= +$75

∴ It has a profit of $75.

Answer 2

75—the profit

Explanation:

simply subtract the cost price from selling price

325-250=75