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

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Johanna 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 Johanna?

posted Mar 22, 2016 by Samardeep Acharya

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1 Answer

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profitable by $50

125-100=$25 profit.
150-25=$125 cost price for music player.
175-125=$50 total profit

answer Mar 22, 2016 by Shahsikant Dwivedi



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