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Bunuel
Lisa bought a house for $70,000 and paid closing costs equal to 2 percent of the purchase price. Later Lisa sold the house for $82,000 and paid a broker's commission equal to 10 percent of the selling price. What was Lisa's profit from the two transactions?

A. $2,160
B. $2,400
C. $3,600
D. $3,800
E. $12,000

for 70,000 she paid ; 2% closing ; 1400
and at time of sale 82,000 ; 10% ; 8200
net profit ; 82000-70000-8200-1400 ; 2400
IMO B
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Bunuel
Lisa bought a house for $70,000 and paid closing costs equal to 2 percent of the purchase price. Later Lisa sold the house for $82,000 and paid a broker's commission equal to 10 percent of the selling price. What was Lisa's profit from the two transactions?

A. $2,160
B. $2,400
C. $3,600
D. $3,800
E. $12,000

Lisa’s profit is the following:

0.9 x 82,000 - 70,000 x 1.02 = 73,800 - 71,400 = $2,400

Answer: B
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Bunuel
Lisa bought a house for $70,000 and paid closing costs equal to 2 percent of the purchase price. Later Lisa sold the house for $82,000 and paid a broker's commission equal to 10 percent of the selling price. What was Lisa's profit from the two transactions?

A. $2,160
B. $2,400
C. $3,600
D. $3,800
E. $12,000
\(82000*0.90-1.02*70000\)

\(= 73800 - 71400\)

\(= 2400\), Answer must be (B)
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