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The cost of a pair of skis to a store owner was $600$⁢600, and she sold the pair of skis for $960$⁢960.Step 1 of 3 :  What was her profit? Follow the problem-solving process and round your answer to the nearest hundredth if necessary.

Question

The cost of a pair of skis to a store owner was 600600⁢600, and she sold the pair of skis for 960960⁢960.Step 1 of 3 :  What was her profit? Follow the problem-solving process and round your answer to the nearest hundredth if necessary.

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Solution

Step 1: Understand the problem. The problem is asking for the profit made by the store owner.

Step 2: Identify what we know. We know that the cost of the skis to the store owner was 600andshesoldthemfor600 and she sold them for 960.

Step 3: Solve the problem. The profit is calculated by subtracting the cost from the selling price. So, the profit is 960960 - 600 = $360.

Therefore, the store owner made a profit of $360 on the pair of skis.

This problem has been solved

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