My Learning Cart
?
Categories
Account

If a person buys a watch for $150 and sells it for $180, what is the profit in d

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: If a person buys a watch for $150 and sells it for $180, what is the profit in dollars?

Options:

  1. $20
  2. $30
  3. $25
  4. $15

Correct Answer: $30

Solution: 

Profit = Selling Price - Cost Price = 180 - 150 = 30.

If a person buys a watch for $150 and sells it for $180, what is the profit in d

Practice Questions

Q1
If a person buys a watch for $150 and sells it for $180, what is the profit in dollars?
  1. $20
  2. $30
  3. $25
  4. $15

Questions & Step-by-Step Solutions

If a person buys a watch for $150 and sells it for $180, what is the profit in dollars?
  • Step 1: Identify the cost price of the watch. In this case, it is $150.
  • Step 2: Identify the selling price of the watch. In this case, it is $180.
  • Step 3: Use the profit formula: Profit = Selling Price - Cost Price.
  • Step 4: Substitute the values into the formula: Profit = 180 - 150.
  • Step 5: Calculate the result: 180 - 150 equals 30.
  • Step 6: Conclude that the profit is $30.
  • Profit Calculation – Understanding how to calculate profit by subtracting the cost price from the selling price.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks