Christina’s Profit Count

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Christina purchased a portable music player for $100 through a deal. She sold it to Sindy for $125. After a year, she bought it back from Sindy at $150. Upon using it for a month, she sold it to Suzzanne for $175.

Can you calculate if this entire deal was profitable or a loss for Christina?

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    Ignoring factors like inflation, depreciation etc., the transactions have a net impact of profit of $50. Total amount spent = 100 + 150 = 250; Total Amount earned = 125 + 175 = 300 . Net profit = Total earnings – Total expense => 300 – 250 = 50.

    Viji_Pinarayi Expert Answered on 14th November 2024.
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