Xavier buys an apple from Yahoo for $5 and sells it to Zoe for $10. He later buys the apple back fromZoe for $12 and sells it to Y

Xavier buys an apple from Yahoo for $5 and sells it to Zoe for $10. He later buys the apple back fromZoe for $12 and sells it to Yahoo for $15. What is his profit over the venture?RAHUL Support+1-650-924-9221mel​

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  1. Given : Xavier buys an apple from Yahoo for $5 and sells it to Zoe for $10. He later buys the apple back from Zoe for $12 and sells it to Yahoo for $15

    To Find : profit over the venture

    Solution:

    Xavier buys an apple from Yahoo for $5

    CP = 5 $

    sells it to Zoe for $10

    SP = 10 $

    Profit = SP – CP = 10 – 5 = 5 $

    He later buys the apple back from Zoe for $12

    CP = 12 $

    sells it to Yahoo for $15

    => SP = 15 $

    Profit = 15 – 12 = 3 $

    Total Profit = 5 + 3 = 8 $

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