Question

Jerry bought baseball cards for $5.25 each, and then sold them for $6.30 each. How much profit, in dollars, did Jerry make for selling each one of the baseball cards?

Answer 1

Answer: $1.05

Explanation:

The profit made will be calculated as the difference between the selling price and the cos price. This will be:

= Selling price - Cost price

= $6.30 - $5.25

= $1.05

Therefore, Jerry will make $1.05 profit on each baseball card that's sold.