Amanda sold 6 of 12 stickers which she had bought at $0.75 each and the remaining stickers at $0.40 each show by calculation ,whether amanda made a profit or loss on buying and selling the stickers
did each sticker cost $0.75? If so, you don't say the selling price.
or did she sell 6 of them for $0,75 each? If so, you don't say what they cost her.
In any case, find the cost of all 12,
find the revenue from selling 6 at one price and 6 at $0.40
compare cost vs revenue
No she didnt
To determine whether Amanda made a profit or a loss on buying and selling the stickers, we need to calculate the total cost and the total revenue.
First, let's calculate the cost of the stickers. Amanda bought 12 stickers at $0.75 each.
Cost of 12 stickers = 12 * $0.75 = $9
Now, let's calculate the revenue from selling the stickers. She sold 6 of the stickers at $0.75 each and the remaining stickers at $0.40 each.
Revenue from selling 6 stickers at $0.75 each = 6 * $0.75 = $4.50
Revenue from selling the remaining stickers (6 stickers) at $0.40 each = 6 * $0.40 = $2.40
Total revenue = $4.50 + $2.40 = $6.90
Now, let's compare the total cost and the total revenue to determine if there was a profit or a loss.
Profit/Loss = Total revenue - Total cost
Profit/Loss = $6.90 - $9
If the result is positive, it means Amanda made a profit. If the result is negative, it means Amanda made a loss.
Profit/Loss = -$2.10
Since the result is negative, it means Amanda made a loss on buying and selling the stickers.