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$1 = 5.3 francs
$1 = 1.6 marks
An American dealer bought a table in Germany for 480 marks and sold the same table in France for 2,385 francs. What was the dealer’s gross profit on the two transactions in dollars?
A. $0
B. $50
C. $100
D. $150
E. $200
D
$1 = 5.3 francs
$1 = 1.6 marks
An American dealer bought a table in Germany for 480 marks and sold the same table in France for 2,385 francs. What was the dealer’s gross profit on the two transactions in dollars?
A. $0
B. $50
C. $100
D. $150
E. $200
D
