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
Question
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 25000 (this is the cost price).
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