The purchase price of a certain refrigerator is x yuan, which is increased by 20% according to the purchase price. Later, due to the product update, the price of the refrigerator is reduced by 90%. Now, there are many refrigerators______ A profit of $1

The purchase price of a certain refrigerator is x yuan, which is increased by 20% according to the purchase price. Later, due to the product update, the price of the refrigerator is reduced by 90%. Now, there are many refrigerators______ A profit of $1

First, calculate the actual price = (1 + 20%) × 90% x = 1.08x, then the profit = 1.08x-x = 0.08x yuan