Answer :
700-600=100. 100-800= -700. -700+900= 300
The horse trader made three hundred dollars
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.
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