If Fatima paid 240 for her flowers and sold it for 500 how much profit did she make

Question

It is ZAR

Answer 1

Profit = revenue - cost.

Revenue is the amount of money

brought in.  Cost is the amount

you spent.

 

P = 500-240 = $______

 

Just do the subtraction

 

Example:

I bought a car for $800 and resold it

for $1,000.  My profit is:

1000 - 800 = $200