Question

Derek bought cloth for $ 800. He spent $ 200 for stitching a shirt. He sold the shirt for $ 1175. Find the profit.

Answer 1

Answer:

Answer = $ 175

Step-by-step explanation:

profit = SP - CP

SP = $ 1175

CP = $ 800 + $200(spending on its stiching)

therefore CP = $1000

Now,

Profit = SP - CP

profit = $1175 - $1000 = $175

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Answer 2

Answer:

• Derek got profit of $ 175.

Step-by-step explanation:

Given that:

• Derek bought cloth for $ 800.
• He spent $ 200 for stitching a shirt.
• He sold the shirt for $ 1175.

To Find:

• The profit he got.

Cost price of shirt = Cost of cloth + Stitching charge

⇢ Cost price of shirt = $ 800 + $ 200

⇢ Cost price of shirt = $ 1000

We know that:

Profit = Selling price - Cost price

⇢ Profit = $ 1175 - $ 1000

⇢ Profit = $ 175

Hence,

• Derek got profit of $ 175.