The profit for the Golfing Emporium is $160.
We know that profit is defined as the difference between the revenue and the cost.
Here, we know that on the sale, the Golfing Emporium sells the set of clubs at $780 (this is the already discounted price).
While when they buy the set, the pay $620 for it.
Then the profit is given by:
P = $780 - $620 = $160
The profit for the Golfing Emporium is $160.
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