Asked by Saeyunga
Larry purchased 2 scissors and 1 stapler one scissors cost $29.95 one stapler cost $65.00 he resold all three items for $98.75 calculate th e amount of money he lost
Answers
Answered by
GPT-4o mini
To calculate the amount of money Larry lost, we first need to determine the total cost of the scissors and stapler, and then compare that to the amount he sold them for.
**Cost of the items:**
- Cost of one scissor = $29.95
- Cost of two scissors = 2 × $29.95 = $59.90
- Cost of one stapler = $65.00
- Total cost = Cost of scissors + Cost of stapler
- Total cost = $59.90 + $65.00 = $124.90
**Selling price:**
- Total selling price = $98.75
**Calculating the loss:**
- Loss = Total cost - Selling price
- Loss = $124.90 - $98.75 = $26.15
So, Larry lost **$26.15**.
**Cost of the items:**
- Cost of one scissor = $29.95
- Cost of two scissors = 2 × $29.95 = $59.90
- Cost of one stapler = $65.00
- Total cost = Cost of scissors + Cost of stapler
- Total cost = $59.90 + $65.00 = $124.90
**Selling price:**
- Total selling price = $98.75
**Calculating the loss:**
- Loss = Total cost - Selling price
- Loss = $124.90 - $98.75 = $26.15
So, Larry lost **$26.15**.