Question

Xavier buys an apple from Yahoo for $5 and sells it to Zoe for $10. He later buys the apple back fromZoe for $12 and sells it to Yahoo for $15. What is his profit over the venture?RAHUL Support+1-650-924-9221mel​

Answer 1

Given : Xavier buys an apple from Yahoo for $5 and sells it to Zoe for $10. He later buys the apple back from Zoe for $12 and sells it to Yahoo for $15

To Find : profit over the venture

Solution:

Xavier buys an apple from Yahoo for $5

CP = 5 $

sells it to Zoe for $10

SP = 10 $

Profit = SP - CP  =   10 - 5 = 5 $

He later buys the apple back from Zoe for $12

CP = 12 $

sells it to Yahoo for $15

=> SP = 15 $

Profit = 15 - 12  = 3 $

Total Profit  = 5 + 3  = 8 $

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