Question

GameStop was selling Ps5’s. They sold 100. They sold each ps5 for 500. But they got ps5’s on discount $30 off from each GameStop. So they bought the Ps5s for $470 but they sold them to the customers for more. How much did they collect/make? How much were their expenses? How much was their profit?

Answer 1

They made 3000$ in profit 500x100=50k

470x100=47k
47,000-50000=3000