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27 March, 07:54

Malik buys and sells car parts. He bought two tires for $45 each and later sold them for $65 each. He bought three rooms for $85 each and later sold them for $126 each. He bought five headlight covers for five dollars each and later sold them for $15 each. What is malik total profit

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  1. 27 March, 11:03
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    Ok, first, let's figure out how much profit he made off of each item.

    Since Malik got two tires for $45 each and he sold them for $65 each, he would get $20 in profit for each tire, thus getting him $40 in profit from both tires.

    Then we move onto the three rooms that he got for $85 each. Since he sold the rooms for $126 each, he would get $41 in profit from each room. Altogether, he would get $123 in profit from the 3 rooms altogether.

    Then, we figure out how much profit Malik got from the five headlight covers he got for $5 each. Since Malik got them for $5 each and sold them for $15 dollars each, he would get $10 in profit from each. Malik would then get $50 in profit from the 5 headlight covers altogether.

    To figure out how much profit Malik made altogether, you add $40 to $123, getting him a total of $163 of profit overall without the profit from the headlight covers. Then, you would add the $50 in profit from the headlight covers to $163, thus getting you the $213 in profit Malik got overall.
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