A person paid $60 for a vase at an estate auction. She resold it to an antiques dealer for $50. What was her profit or loss
She lost, since the sale price was less than the purchase price.
The loss is calculated as:
50 - 60 = -$10
She lost, since the sale price was less than the purchase price.
The loss is calculated as:
50 - 60 = -$10