You sell a ring for $25. You originally bought the ring for $32. Use this information and the equation S=C + P (where S is the selling price, C is the cost, and P is the profit) to find out profit.

garzettaiy

garzettaiy

Answered question

2022-09-02

You sell a ring for $25. You originally bought the ring for $32. Use this information and the equation S=C + P (where S is the selling price, C is the cost, and P is the profit) to find out profit.

Answer & Explanation

Larissa Hart

Larissa Hart

Beginner2022-09-03Added 11 answers

Selling Price = $25
Cost Price = $32
s = c + p 25 = 32 + p 25 32 = p p = 7
Profit is negative value means this Leads to loss.
So answer = Loss = $7

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