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Amy bought a phone for $25000 and sold it for $32000. What is the profit amount that she gained?  Ops:   A. $7000    B. $4200    C. $6500    D. $8900

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Amy bought a phone for $25000 and sold it for $32000. What is the profit amount that she gained?  Ops:   A. $7000    B. $4200    C. $6500    D. $8900
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Solution 1

To calculate the profit, we subtract the cost price from the selling price.

Here's the step-by-step calculation:

Step 1: Identify the selling price and the cost price. In this case, Amy sold the phone for 32000(thisisthesellingprice)andsheboughtitfor32000 (this is the selling price) and she bought it for 25000 (this is the cost price).

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Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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