A family bought a home for $235,000. They spent $75,500 on remodeling it. Then they sold the home for $400,000. What was the profit?

Question

Joshua Morris

Mathematics

27 April, 05:08

A family bought a home for $235,000. They spent $75,500 on remodeling it. Then they sold the home for $400,000. What was the profit?

+5

Answers (2)

Know the Answer?

Tanner Noble · Answer 1

Tanner Noble 27 April, 05:31

0

They mad a 20,000 profit

Lily Murillo · Answer 2

Okay, so they bought it for 235,000. Let's say that they start at 0. This gets them to - 235,000. Then they paid for another 75,500. So we subtract it even farther. This gets us to - 310,500. Then they sell it for 400,000 so we add 400,000. This gives them a profit of 90,000.