In the past 4 years, a sporting goods store had two yearly losses of $110,000 and $22,000 and two yearly profits of $140,000 and $80,000.

What was the net profit or loss over 4 years?

A.

-$132,000

B.

-$88,000

C.

$88,000

D.

$220,000

Question

Cora

Mathematics

18 June, 22:01

In the past 4 years, a sporting goods store had two yearly losses of $110,000 and $22,000 and two yearly profits of $140,000 and $80,000.

What was the net profit or loss over 4 years?

A.

-$132,000

B.

-$88,000

C.

$88,000

D.

$220,000

+4

Answers (1)

Know the Answer?

Micah Espinoza · Answer 1

If you would like to know what was the net profit or loss over 4 years, you can calculate this using the following steps:

- $110,000 - $22,000 + $140,000 + $80,000 = - $132,000 + $220,000 = $88,000

The correct result would be C. $ 88,000.

In the past 4 years, a sporting goods store had two yearly losses of $110,000 and $22,000 and two yearly profits of $140,000 and $80,000.What was the net profit or loss over 4 years?A.-$132,000B.-$88,000C.$88,000D.$220,000

In the past 4 years, a sporting goods store had two yearly losses of $110,000 and $22,000 and two yearly profits of $140,000 and $80,000.

What was the net profit or loss over 4 years?

A.

-$132,000

B.

-$88,000

C.

$88,000

D.

$220,000