Was that profit or loss?
Santa buys a horse for 60$. Then he sells the horse for $70. He then again buys the same horse for $80. And he sells the horse again for $90.
What is Santa's net profit?
Fun Fact: A very easy question, still some people struggle a lot.
What is Santa's net profit?
Fun Fact: A very easy question, still some people struggle a lot.
Answer:
Profit $20
Explanation:
First Snata bought horse for $60 and sold it for $70.
Making $10 profit.
Santa then bought horse for $80 and sold for $90.
Making $10 profit.
A total of $20 profit.
Profit $20
Explanation:
First Snata bought horse for $60 and sold it for $70.
Making $10 profit.
Santa then bought horse for $80 and sold for $90.
Making $10 profit.
A total of $20 profit.
