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    METHOD 1: Table: Sell $ 20 Buy Back $ 25 Sell Back $ 30 Profit $ 5

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    U.s. Maaran
    Three methods are presented for calculating profit from a series of buy and sell transactions between two people. Method 1 uses a table to show a $5 profit after buying for $15 and selling back for $20, then buying for $25 and selling for $30, with a final profit of $10 after returning the initial $20 borrowed. Method 2 works backwards from a final amount of $30 to calculate a $5 profit from each transaction for a total of $10. Method 3 involves two people exchanging stamps at increasing prices until one has $60 and the other $40, showing a $10 profit.

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    METHOD 1: Table: Sell $ 20 Buy Back $ 25 Sell Back $ 30 Profit $ 5

    Uploaded by

    U.s. Maaran
    0 views7 pages
    Three methods are presented for calculating profit from a series of buy and sell transactions between two people. Method 1 uses a table to show a $5 profit after buying for $15 and selling back for $20, then buying for $25 and selling for $30, with a final profit of $10 after returning the initial $20 borrowed. Method 2 works backwards from a final amount of $30 to calculate a $5 profit from each transaction for a total of $10. Method 3 involves two people exchanging stamps at increasing prices until one has $60 and the other $40, showing a $10 profit.

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    Maths Ques 7

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    Three methods are presented for calculating profit from a series of buy and sell transactions between two people. Method 1 uses a table to show a $5 profit after buying for $15 and selling back for $20, then buying for $25 and selling for $30, with a final profit of $10 after returning the initial $20 borrowed. Method 2 works backwards from a final amount of $30 to calculate a $5 profit from each transaction for a total of $10. Method 3 involves two people exchanging stamps at increasing prices until one has $60 and the other $40, showing a $10 profit.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    0 views7 pages

    METHOD 1: Table: Sell $ 20 Buy Back $ 25 Sell Back $ 30 Profit $ 5

    Uploaded by

    U.s. Maaran
    Three methods are presented for calculating profit from a series of buy and sell transactions between two people. Method 1 uses a table to show a $5 profit after buying for $15 and selling back for $20, then buying for $25 and selling for $30, with a final profit of $10 after returning the initial $20 borrowed. Method 2 works backwards from a final amount of $30 to calculate a $5 profit from each transaction for a total of $10. Method 3 involves two people exchanging stamps at increasing prices until one has $60 and the other $40, showing a $10 profit.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    of 7

    METHOD 1 : Table

    Buy Sell
    Buy back Sell back

    $ 15 $ 20
    $ 25 $ 30

    Profit = $ 5

    Less = $ 20
    Profit = $ 30

    Give back the money that you borrow from your friend. So, $ 30 - $ 20 = $ 10

    Profit = $ 10

    METHOD 2 : Work backwards

    $ 30 - $ 25 = $ 5
    $ 20 - $ 15 = $ 5 Total : $ 5 + $ 5 = $ 10

    METHOD 3 :
    There are two person. Each person have $50.

    You buy the stamp for $15 from your friend.


    You - $ 50 - $ 15 = $ 35 Friend - $ 50 + $ 15 = $65

    Your friend buys the stamp for $20.

    You - $ 35 + $ 20 = $55
    Friend - $ 65 - $ 20 = $45

    You buy the stamp for $25 You $ 55 - $ 25 = $30

    Friend - $ 45 + $ 25 = $70

    You friend buys the stamp for $30


    You $ 30 + $ 30 = $60 Friend $ 70 - $ 30 = $40

    Therefore your profit is $10

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