How much profit does the jeweler make from buying

Reference no: EM133465641

Question:

A jeweler buys gold jewelry and resells the gold to a refinery. The jeweler buys gold for $1,235.55 per ounce, and then resells it for $1,376.44 per ounce. How much profit does the jeweler make from buying and reselling 73.5 ounces of gold?

Reference no: EM133465641

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