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?

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Mathematics

Tomas Ibarra

Today, 17:43

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?

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Jacob Garza · Answer 1

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.

Jamarcus · Answer 2

They mad a 20,000 profit