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26 October, 10:32

James bought two U. S. Savings bonds for $50 each. He cashed one in when it was worth $75.50, and the other when it was worth $83.60. How much in total did he earn?

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  1. 26 October, 10:57
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    Total profit = $59.10

    Step-by-step explanation:

    Total profit = Total selling price - total buying price

    Total selling price = $75.50 + $83.60 = $159.10

    Total buying price = 2 * $50 = $100

    Hence total profit earned = $159.10 - $100 = $59.10
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