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?

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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:

First he bought tires for 45.00 dollars – later sold it as 65.0 dollars.
=> 65 – 45 = 20 dollars is his profit
he brought 3 rims for 85 dollar – then later sold it as 126 dollars 
=> 126 – 85 = 41 dollars
He bought headlight for 5.00 dollars then sold it later for 15 dollars.
=> 15 – 5 = 10 dollars
Total expenses 
=> 134
Total amount sold 
=> 209
Profit 
=> 209 – 134 = 75 dollars

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