My question is: A store is comparing their profits throughout the year. They had profits of $1,500 in the first quarter of the year, $3,000 in the third quarter, and $2,000 in the fourth quarter. If their annual profits are $8,000, how much profit, in dollars, did they make in the second quarter? Your thoughts:
In the three quarters we have figures for, the store made a total of $1500 + $3000 + $2000 = $6,500. Subtracting this from their annual profit shows that they made $8000 – $6500 = $1,500 profit in the second quarter. The final answer: 1500.