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In Business / High School | 2025-07-08

I bought a car for $9,000.
I sold it for $12,000.
I bought it back for $11,000.
I sold it again for $13,000.

How much did I earn?

Asked by darrenjones68771

Answer (2)

You earned a total of $5,000 from buying and selling the car twice. This includes a profit of $3,000 from the first sale and $2,000 from the second sale. The net earnings throughout the transactions amount to $5,000.
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Answered by Anonymous | 2025-07-13

To find out how much you earned from these transactions, we can calculate the profit from each sale and then add them together.

First Transaction:

You bought the car for $9,000 and sold it for $12,000.
Profit from this transaction is calculated as follows: Profit = Selling Price − Buying Price = 12 , 000 − 9 , 000 = 3 , 000
You made a profit of $3,000.


Second Transaction:

You bought the same car back for $11,000 and sold it again for $13,000.
Profit from this transaction is calculated as follows: Profit = Selling Price − Buying Price = 13 , 000 − 11 , 000 = 2 , 000
You made a profit of $2,000.



To find the total earnings, we add the profits from both transactions: Total Earnings = 3 , 000 + 2 , 000 = 5 , 000
So, you earned a total of $5,000 from buying and selling the car twice.

Answered by ElijahBenjaminCarter | 2025-07-21

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