James bought 5 baseball cards at a garage sale for $0.65 cents each ,he sold them to a collector for $2.25 each .what was his profit
$3.25
$8.00
$11.25
$14.50
His profit is $11.25.
To find out, we can first calculate how much James spent on the cards:
5 cards x $0.65/card = $3.25
Then we can calculate how much he sold the cards for:
5 cards x $2.25/card = $11.25
To find the profit, we can subtract the cost from the revenue:
$11.25 - $3.25 = $8.00
Therefore, James made a profit of $8.00 by buying and reselling the baseball cards.
To calculate James' profit, we need to find the difference between the amount he sold the cards for and the amount he bought them for.
James bought 5 baseball cards for $0.65 cents each, so the total cost of the cards he bought is:
5 * $0.65 = $3.25
James sold the cards to a collector for $2.25 each, so the total amount he received for selling the cards is:
5 * $2.25 = $11.25
To find James' profit, we subtract the total cost from the total amount received:
$11.25 - $3.25 = $8.00
Therefore, James' profit is $8.00. So the correct answer is:
$8.00