Question

You buy a bike for $150 and sell it for $210. What is your profit?

Answer 1

Profit = $60

Explanation:

Formula for profit is:

`P = s - b` where `P` is the profit, `s` is the sell price and `b` is the buy price. Substituting the information we are given we can calculate the profit:

`P = $210 - $150`

`P = $60`