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10 November, 17:10

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?

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  1. 10 November, 17:20
    0
    His profit = $71.00

    Profit % = 52.6 % (to 1 decimal place)
  2. 10 November, 17:35
    0
    Malik's tires profit=2 ($65-$45) = 2 ($20) = $40

    Malik's rims profit=3 ($126-$85) = 3 ($41) = $123

    Malik's headlight=5 ($15-$5) = 5 ($10) = $50

    Malik's total profit=$40+$123+$50=$213

    Answer: $213
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