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7 November, 23:21

A storeowner orders 25 calculators that cost $48 each. The storeowner can sell each calculator for $60. The storeowner sold 22 calculators to customers. He had to return 3 calculators that were never sold and pay a $2 charge for each returned calculator (although the initial cost is refunded). What is the storeowner's profit?

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  1. 7 November, 23:58
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    25*48=1,200

    So we start at - 1,200

    22*60=1,320

    So currently we are at a profit of $120.

    120-6=114

    Total profit: $114
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