In the past 4 years, a sporting goods store had two yearly losses of $140,000 and $56,000 and two yearly profits of $110,000 and $60,000.

What was the net profit or loss over 4 years?

A.
$170,000

B.
–$26,000

C.
$196,000

D.
$26,000

Question

In the past 4 years, a sporting goods store had two yearly losses of $140,000 and $56,000 and two yearly profits of $110,000 and $60,000. 
 
What was the net profit or loss over 4 years?
 
 A.
$170,000
 
 B.
–$26,000
 
 C.
$196,000
 
 D.
$26,000

swagster23780 · Answer

@Australopithecus help please

swagster23780 · Answer

@mathstudent55  can u help me please

swagster23780 · Answer

SomeBody Help Me Please

australopithecus · Answer

The Net profit/Net loss is the sum of all expenses and profits over a set period

australopithecus · Answer

So if I made 50 dollars selling lemonade and lost 30 dollars for the ingredients and labour over the period of a week.

The Net profit/loss would be

50 + (-30) = 20