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Herman horse trader bought a horse for $600 and then sold it for $700. The next day he bought it back for $800 and then sold it for $900. How much money did Herman make altogether?

Sagot :

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700-600=100. 100-800= -700. -700+900= 300

The horse trader made three hundred dollars

The total amount of the profit will be $200.

What is a profit?

A monetary profit, particularly the distinction between the amount gained and the actual cost of purchasing, running, or creating anything.

The profit is given as,

Profit = Selling price - Cost price

Herman horse trader bought a horse for $600 and then sold it for $700.

Then the profit will be

⇒ $700 - $600

⇒ $100

The next day he bought it back for $800 and then sold it for $900.

Then the profit will be

⇒ $900 - $800

⇒ $100

Then the total amount of the profit will be

P = $100 + $100

P = $200

The total amount of the profit will be $200.

More about the profit is given below.

https://brainly.com/question/15036999

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