James decides to sell 80% of his toys. He bought them for $20 each and sells them for $30 each. If he had 200 toys how much more money did he have compared to before he bought them? Let's answer step by step:
He bought all the toys for 20 * 200 = $4000. He sold 200 * .8 = 160 toys. He made 160 * 30 = $4800 from selling them. So he profits 4800 - 4000 = $800 profit. The answer: 800.