
Josh decides to try flipping a house. He buys a house for $...
Prompt
Josh decides to try flipping a house. He buys a house for $80,000 and then puts in $50,000 in repairs. This increased the value of the house by 150%. How much profit did he make?
Answer guidance
The cost of the house and repairs came out to 80,000+50,000=$<<80000+50000=130000>>130,000 He increased the value of the house by 80,000*1.5=<<80000*1.5=120000>>120,000 So the new value of the house is 120,000+80,000=$<<120000+80000=200000>>200,000 So he made a profit of 200,000-130,000=$<<200000-130000=70000>>70,000 #### 70000