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Holly paid $47 for a vase at an estate auction. She resold it to an antiques dealer for...
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High School Teacher
The cost of the vase is $47. The selling price is $214.
The amount of profit/loss is the selling price minus the cost.
P=214-47=167. Since 167>0 this is a profit.
Holly made a profit of $167.
Posted by embizze on February 2, 2013 at 10:30 PM (Answer #1)
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