Question

Malik buys and sells car parts. He bought two tires for $45.00 each and later sold them for $65.00 each. He bought three rims for $85.00 each and later sold them for $126.00 each. He bought five headlight covers for $5.00 each and later sold them for $15.00 each. What is Malik's total profit?

Answer 1

Malik´s tires profit=2($65-$45)=2($20)=$40
Malik´s rims profit=3($126-$85)=3($41)=$123
Malik´s headlight=5($15-$5)=5($10)=$50

Malik´s total profit=$40+$123+$50=$213

Answer: $213

Answer 2

His profit =$71.00
Profit % = 52.6 % (to 1 decimal place)