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You paid 90$ for your textbook at the end of the semester the bookstore will buy back your book for 20% of the purchase price the book? sells used for $65 how much money does the bookstore net on the resale?
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Ok so lets see how much the bookstore buys the used book for So it buys it back for 20% of the amount you bought it for. You bought it for 90 bucks so 90*.20=18.00 So the bookstore pays you 18 bucks to buy it back So now they resell it for 65 bucks so 65-18=$47 So the if the bookstore resells the boook for 65 bucks then they made a profit of $47 Not sure what net means exactly though
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