Money
Profit and loss Let’s Learn Together Riana spent $90 on a bike.
She wants to sell the bike.
She sells the bike for $120.
1
$90
Profit
$120
The selling price was more than the cost price. Riana has made a profit. $120 − $90 = $30 Her profit is $30.
She sells the bike for $75.
2
$90
$75
Loss
The selling price was less than the cost price. Riana has made a loss.
$90 − $75 = $15 Her loss is $15.
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01/12/2021 14:49
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