Davis bought a second hand cycle for $ 500. He spent $ 80 in repairs and $ 175 in repainting. He then sold it to John for $ 900. How much did he gain or lose?

$145 gain

Step-by-step explanation:

Well first we can subtract the 500, because it is the initial he paid for it, aka if he were to earn that 500 back it wouldn't be a loss or gain. This leaves us with 400 gain, because:

900-500=400

Now we subtract the additional cost to repairing and repainting second hand cycle:

400-80-175= 145

Hence, Davis got a $145 gain.

Have a lovely day/night!

the mean and mad

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