Question

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

Answer 1

@dtan5457

Answer 2

net on the what?

Answer 3

*resale* I didnt realize that was missing

Answer 4

I'm pretty sure it's 20% of the $90, PLUS the $65 as your total net resale.

Answer 5

They made 25 profit on 1st sale. They they bought a 65 good for 18, so they mad 47 profit on resale

Answer 6

I'm gonna go with

.20 times 90=$18

$18+$65=resale net

Answer 7

@Directrix

Answer 8

they made 25 on 1st sale
47 on the purchase
and then they sell it for 90 so they make 72 on resale

Answer 9

they bought something for 18 and sold it at 90. thats 72 profit on resale. I got it

Answer 10

@ArsalanAijaz

what about the $65?

Answer 11

We're talking about profit on re sale only. So that's 72, cuz we bought it for 18

Answer 12

I looked at the answer at the back of the book and it says its $47

Answer 13

Oops, sorry. I resold it at 90 again. It should've been 65. My apologies @dtan5457

Answer 14

@Stephanie1000000

if it's $47 it's because of the resale of a used book at $65, minus the 20% of 90.

65-18=47

Answer 15

Yes, I skipped the fact that the resold book was sold at 65, not 90.