a jeweler buys gold jewelry and resells the gold to a refinery the jeweler buys gold for 1235.55 per ounce and then resells it f

Question

kykrilka [37]

3 years ago

8

a jeweler buys gold jewelry and resells the gold to a refinery the jeweler buys gold for 1235.55 per ounce and then resells it f

or 1376.44 per ounce how much profit does the jeweler make from buying and reselling 73.5 ounces of gold

Mathematics

1 answer:

weqwewe [10] · Answer 1 · 2022-01-03T13:14:51+03:00

weqwewe [10]3 years ago

4 0

The jeweler bought it for (1235.55 * 73.5) = 90812.925...expenses
and the jeweler sold it for (1376.44 * 73.5) = 101168.34...revenue

profit = revenue - expenses
profit = 101168.34 - 90812.925 = 10355.415 rounds to 10,355.42 <==